Select Page

USA airlines hike ticket prices by same amount of tax they now don’t have to pay

Airlines see an opportunity to make a buck – anytime there is one:

On Friday, Congress failed to approve the extension of a bill to keep the Federal Aviation Administration running. Among other things, that meant the agency no longer had the authority to impose the various federal taxes that airlines add to the price of each ticket.

So as of 12:01 a.m. Saturday, the federal government began losing an estimated $25 million a day in tax revenue.

But did airlines simply pass on this savings to customers?

No, they did not.

Last week, evidently in anticipation of the tax’s expiring, some airlines quietly began raising fares — on average, roughly by the same amount as the federal taxes. Others did the same over the weekend, and most of the rest joined in on Monday.

Scource: NYTimes

Leave a reply

Your email address will not be published. Required fields are marked *

Subscribe

Categories

Recent Tweets

Follow Us

Previously . . .

Subscribe to the Newsletter

Join our mailing list to receive regular updates about 2PAXfly.

Reviews, deals, offers, and most of all opinion will be in your inbox.

We won't spam you, and we won't share your details with others.

You have Successfully Subscribed!

%d bloggers like this: