Federal Aviation Tax: Proposed Policy Change

Mr. Harris explained that he was in Washington, DC to lobby Congress for a temporary change in federal aviation tax policy. The… read more

Mr. Harris explained that he was in Washington, DC to lobby Congress for a temporary change in federal aviation tax policy. The airlines are asking for legislation that would let them keep, for one year, the ten percent federal tax that is charged on each passenger ticket. The money would be repaid to the federal government as a $4 billion loan. This proposal is a result of increased jet fuel costs and lower bookings due to the Persian Gulf war and the recession. He said that increasing foreign investment and selling off routes will not be enough to keep the industry solvent in the future. Continental’s share of the ticket tax proposal would result in a $30 million revenue increase per month. close

People in this video

  • Hollis Harris President and CEO Continental Airlines
  • Ray Warner President International Aviation Club- Washington

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Federal Aviation Tax: Proposed Policy Change

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Program ID:
16601-1
Category:
Public Affairs Event
Format:
Speech
Location:
Washington, District of Columbia, United States
First Aired:
Feb 20, 1991
Last Aired:
Feb 23, 1991

Airing Details

  • Feb 20, 1991 | 1:45am EST | C-SPAN 2
  • Feb 21, 1991 | 6:35am EST | C-SPAN 2
  • Feb 23, 1991 | 9:45am EST | C-SPAN 2
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Federal Aviation Tax: Proposed Policy Change

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