Airline Ticket Tax Holiday Is Windfall-- For Airlines

Airline ticket tax holiday is windfall-- for airlines

Finally, good news from the gridlock in Congress. Or maybe not. The federal government Saturday stopped collecting taxes on airline tickets, so flying suddenly got cheaper, right? Wrong. Many airlines just increased their airfares to match the tax drop. At stake can be about $30 on a $300 ticket, the Associated Press says.

Sections:  news   travel   
Topics:  airfare   airline tickets   airlines   congress   sales tax   taxes   
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BING NEWS:
  • Airline ticket prices are up 25%, outpacing inflation — here are the ways you can still save
    As a result, ticket prices are near all-time highs at the moment. For starters, there are simply not enough seats to provide for how many people want to fly. Henry Harteveldt, travel industry ...
    03/28/2024 - 6:54 am | View Link
  • More

 

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