Business rates relief for airports brings less than fortnight of respite, says AOA
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19th February 2021
The current tax relief programme for the industry is expected to bring only 13 days of respite
The Airport Operators Association (AOA) has calculated that UK airports experienced losses of £163.8m in January, prior to the enforcement of the latest travel restrictions.
Last month, the government presented its new initiative – the Airport Ground Operations Support Scheme – in which commercial airports in England can apply for up to £8m in business rates relief.
The AOA predicts that over £60m will be provided to airports from the fund.