Discrimination in the skies? UK’s Air Passenger Duty explained

Every passenger departing the UK has to pay a fee. It varies depending where you are flying to, and where you are sitting on the plane. APD – Air Passenger Duty – is divided into four categories or bands based on the distance between London, and the final destination. Watch the video about this « banding system » hereafter:

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Boeing Posts Lower Third-Quarter Results on Reduced Commercial Deliveries

  • Third-quarter revenues declined to $15.3 billion from $16.5 billion as labor strike and supplier production problems pushed airplane deliveries out of the quarter.
  • EPS declined to $0.96 per share, reduced by an estimated $0.60 on the lower deliveries and by $0.08 due to tax adjustments.
  • Backlog grew to a record $349 billion as near-term demand remains strong.
  • Updated financial guidance to be provided after strike concludes.

BOEING courtesy (www.boeing.com)

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