Flight prices to jump as regional airports hit by rocketing tax bills Aviation Air passengers are being warned to brace for ticket hikes as regional airports across the UK face “unprecedented” rises in property tax next year. Regional airports are among the sectors facing the steepest increases in business rates in the UK amid an overhaul of property valuations underpinning the tax. While London’s Heathrow and Gatwick are [...]
Flight prices set to jump as regional airports set for rocketing tax bills Aviation Air passengers are being warned to brace for flight prices to jump as regional airports across the UK face “unprecedented” rises in property tax next year. Analysis of official Government data for the Press Association has revealed regional airports are among those facing the steepest increases in business rates of any sector in the UK [...]
Passengers provide welcome boost to Newcastle and Liverpool John Lennon airports Transport and infrastructure A surge in passenger numbers helped profit at Newcastle International Airport take off during its latest financial year. The transport hub has reported a pre-tax profit of £10.2m for 2023, newly-filed accounts with Companies House have revealed. The total comes after the airport posted a pre-tax profit of £135,000 for 2022. The new accounts also [...]
