New Airline Tax to Aid Developing World
Time Magazine reports a new optional airline tax will soon be unveiled as a means of funding growth in the developing world:
Starting next January, whenever you buy an airline ticket at a travel agency or online, there’ll be a new question to answer before you hand over your credit card: Would you be willing to donate $2 to help fight HIV/AIDS, malaria and tuberculosis in Africa?
It sounds like a small step, and many airline travelers, already irritated by compulsory surcharges for fuel, baggage and wider seats, may simply ignore it. But behind this call for a voluntary contribution is an unprecedented worldwide effort to make up a shortfall in official government aid to poor countries — a shortfall exacerbated by the world financial crisis.
The scheme, the idea of a small U.N. agency, is backed by the travel industry and heavyweights of international aid such as the William J. Clinton Foundation and the Bill and Melinda Gates Foundation. It will be formally announced in New York City on Sept. 23 on the fringes of the U.N. General Assembly, and accompanied by a marketing blitz. British Prime Minister Gordon Brown and the head of the World Bank, Robert Zoellick, are expected to participate in the launch, as well as the chief executives of the three companies that have made it technically possible: Amadeus, Sabre and Travelport/Galileo, who run the reservation and ticketing systems for most of the world’s airlines. Barring any last-minute technical or legal hitches, the scheme will roll out in late January in the U.S. and several European countries, including Britain, Germany, Spain and Switzerland.
Read the full article at Time.com
Tags: Airlines
