Tag: IATA

GST revised rates on premium air travel disappointing, says IATA

GST revised rates on premium air travel disappointing, says IATA

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Representative image | Photo Credit: Getty Images/iStockphoto The airline industry has slammed the decision to raise GST on premium economy and business class air travel, which has been raised from 12% to 18% as “disappointing” “This increase runs counter to the efforts of Indian carriers, which have been investing in their premium products to enhance […]

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Airline profitability within reach in 2023: global industry body

Airline profitability within reach in 2023: global industry body

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Asia Pacific seeing slow recovery, but will be the fastest growing region in the long term Asia Pacific seeing slow recovery, but will be the fastest growing region in the long term Profitability across the airline industry is “on the horizon” in 2023 due to the easing of travel restrictions, strong pent-up demand for travel, […]

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