WRONG_WOEID WRONG_WOEID

Virgin Atlantic to Absorb APD

Virgin AtlanticAntigua St John's - Virgin Atlantic has reportedly decided not to pass on “unfair retrospective” increases to passengers, in the form of Britain’s Air Passenger Duty (APD).

Instead, the airline will pay the surplus itself. The move will see Virgin Atlantic temporarily absorbing “hundreds of thousands of dollars” as it shields passengers from the upcoming increase.

Virgin’s chief executive, Steve Ridgway reportedly penned a letter to British Chancellor George Osborne ahead of the scheduled April 1 implementation.

It will result in an eight percent increase in the price of a ticket. As of April 1, travellers to the Caribbean region, which fall into the 4,001–6,000-mile band, will pay US$257 extra on a ticket, up from US$238.

The increase applies to passengers who booked their tickets before the new rates were announced.
The Caribbean Tourism Organisation (CTO) continues to lead the region’s fight against the tax, described as discriminatory.


While most Caribbean countries are the same distance from London as many major US states, they are charged a higher tax because they are in a different band.

CTO-issued statistics from 23 countries showed that the region experienced a decline from the United Kingdom for the third straight year. The drop was reportedly due to a weak economy and increases in the APD.


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2 Comments In This Article   

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Y,TRY

#2 Winston » 2012-03-02 11:57

Instead, the airline will pay the surplus itself. The move will see Virgin Atlantic temporarily absorbing “hundreds of thousands of dollars” as it shields passengers from the upcoming increase.
Try understand what you reading before commenting...
:cry:
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Winston

What Nonsense

#1 Y,TRI » 2012-03-02 09:06

You are saying ticket prices are going up, so Virgin is NOT absorbing the price, they are passing it on to the consumer. And as usual, the Caribbean pays the highest rates too, they just love to exploit the ex slaves.
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Y,TRI

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