Australia: Airlines get A$715m bailout to keep them flying
Australian airlines will have more than A$715m in fees and industry levies waived by the federal govt in a relief package aimed to help them through the major hit to tourism from the coronavirus travel bans. The Morrison government is preparing to refund and drop a range of charges on the industry including aviation fuel excise, the Airservices charges on domestic airline operations and domestic and regional aviation security charges. The total cost of the measures is estimated to be $715m, with an upfront estimated benefit of $159m for reimbursement of applicable charges paid by domestic airlines since Feb 1. Federal infrastructure and transport minister Michael McCormack said the measures were in response to the "unprecedented" and "likely sustained period" of falling aviation demand. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-18/general/australia-airlines-get-a-715m-bailout-to-keep-them-flying
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Australia: Airlines get A$715m bailout to keep them flying
Australian airlines will have more than A$715m in fees and industry levies waived by the federal govt in a relief package aimed to help them through the major hit to tourism from the coronavirus travel bans. The Morrison government is preparing to refund and drop a range of charges on the industry including aviation fuel excise, the Airservices charges on domestic airline operations and domestic and regional aviation security charges. The total cost of the measures is estimated to be $715m, with an upfront estimated benefit of $159m for reimbursement of applicable charges paid by domestic airlines since Feb 1. Federal infrastructure and transport minister Michael McCormack said the measures were in response to the "unprecedented" and "likely sustained period" of falling aviation demand. <br/>
