United Kingdom
United States
Asia Pacific
Jet fuel tax could generate £6 billion a year
A new tax proposal on jet fuel being touted by campaigners could add nearly £6 billion to government coffers.
Thinktank Transport and Environment (T&E) UK suggests that a ‘fair’ tax imposed on jet fuel could generate between £400 million and £5.9 billion.
T&E UK wants the Chancellor to impose a fuel duty and suggests an initial rate of 9p per litre.
It should be tied to incremental increases similar those for road fuels by 2030.
It is time for the aviation industry to pay its fair share, the group says.
“With a £22bn black hole staring the country in the face, the chancellor needs to pursue any and all avenues to raise funds. The baffling lack of meaningful taxation of the aviation industry is a slap in the face of drivers, farmers and our ailing rail system,” said T&E UK policy manager, Matt Finch.
“For the sake of the economy and the environment, it’s time to end the unfair anomaly that allows the aviation sector to pollute with impunity while not paying any tax.”
Tim Alderslade, CEO of Airlines UK argues the industry pays its fair share.
“The aviation industry contributed £3.85bn last year through air passenger duty. The phasing out of UK ETS free allowances for airlines is due to raise between £1.6bn and £4.1bn between 2026 and 2033.”
“The sector is fully committed to net zero emissions by 2050. The UK is in prime position with government and industry working together to lead the transition to a net zero future without hurting passengers.”
Related News Stories: Sustainable Archives – Page 53 of 748 – TravelMole Tiger Airways claims to be truly the only low fare airline in Australia … United orders SAF for Chicago flights Air Astana – TravelMole
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
Abercrombie & Kent hails $500 million funding boost
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Gatwick braces for strike
Co-pilot faints, easyJet flight issues ‘red alert’