Tag: negative impact

Aviation Taxes To Be Cut By Austrian Government

Reading Time: 1 minute Introduced in 2011, aviation taxes in Austria have become a burden for the Austrian aviation industry and are understood to have had a substantial negative impact on tourist numbers. This situation will now be partially rectified through two 25% reductions in these taxes in 2017 and 2018 respectively. Currently, passengers boarding a plane in Austria […]

Airberlin Q2 Results Reflect Geopolitical Climate in Europe

Reading Time: 3 minutes Capacity cuts and adverse geopolitical events in the competitive European market during the second quarter of 2016 led to a 9.4 per cent decrease in sales to 970.6 million euros (Q2 2015: 1.07 billion euros). Total sales declined in the first half of 2016 by 8.4 per cent to 1.71 billion euros (H1 2015: 1.86 […]