Us Airways Lands A Last-minute Tax Break

JayBrian

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Aug 20, 2002
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I saw this posted on flyertalk.


http://www.charlotte.com/mld/charlotte/business/12469104.htm


US Airways is likely to save several million dollars a year in state jet-fuel taxes, thanks to a new tax break approved Wednesday by the General Assembly.

Under the bill, which heads to Gov. Mike Easley for his signature, airlines can seek rebates of fuel taxes paid in excess of $2.5 million a year. It is unclear precisely how much individual carriers have paid in N.C. fuel taxes, but legislators believe the threshold is high enough that the change will benefit only US Airways.
 

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