Reduced Ticket-Tax Boosts Revenue And Employment
St. Maarten – Robin Hayes, President & CEO of JetBlue Airways and keynote speaker at the Caribbean Tourism Organization’s (CTO) State of the Industry Conference (SOTIC), held last week in Curacao, stunned his audience with a message to which few had paid much attention before. Hayes stated: “At JetBlue, we are very much thinking about the relative tax burden on our customers as we allocate capacity.”
For countries that rely heavily on the air transportation of visitors for up to 70% of their GDP, few tourism planners in the Caribbean have ever considered examining their relative position within the region concerning taxes on airline tickets Read more
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