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AirAsia executive says TRAIN 2 to kill aviation industry

20 May 2018 21:43:45

gmanetwork.com

The removal of tax incentives of companies under the planned second package of the comprehensive tax reform program will hurt the aviation industry given the rising costs of fuel worldwide, a top official of budget carrier AirAsia Philippines said.


"'Wag lang nila ituloy 'yung pinaplano nilang TRAIN 2 which will remove our tax incentives. I hope they don't do that," Philippines AirAsia chief executive officer Dexter Comendador said in an interview.


"It will make the domestic airlines — not only us but all the others: PAL, Cebu Pac — less competitive with our peers in the international market," he explained.


Read full story: gmanetwork.com

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