Sunday 25 February
Powered by Ajaxy
Oct 8, 2017 @ 15:15

Air Asia wants govt to stop collecting travel tax, terminal fees


Philippines Air Asia has asked the government to stop charging travel tax and terminal fees in some provincial airports to attract more Filipinos to travel abroad.

The airline’s president Capt. Dexter Commendador wants government to stop the colection of travel tax of P1,620 and terminal fees worth P500 for five years in Davao, Bohol, Puerto Princesa and Clark.

“We have a study that says if you take away the travel tax and the airport fee for five years, the government will lose roughly P4 billion, but you will gain P299 billion in terms of tourism revenues,” Commendador said.

A travel tax is a levy imposed by the government on individuals who are leaving the country irrespective of the place where the air ticket is issued and the form or place of payment, as provided for by Presidential Decree 1183, as amended.

Half of the proceeds from travel tax collections shall accrue to the TIEZA, 40 percent shall accrue to the Commission on Higher Education (CHED) for tourism-related educational programs and courses, and 10 percent goes to the National Commission for Culture and Arts.

Air Asia operates a fleet of 17 aircraft with domestic and international flights out of hubs in Manila, Cebu and Kalibo.

Tags: , , , , , , , , , , , , ,

Related Stories
Following a banner year, leading pizza restaurant chain Shakey’s Pizza Asia Ventures Inc. is gearing
PetroEnergy Resources Corp., the oil exploration concern of the Yuchengco family, has set the price
Philippine Airlines is launching four new destinations out of its hub at Clark International Airport
Philippine Airlines is opening new routes out of Cebu by Dec. 1 to help relieve


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.