High taxes, outmoded rules curb industry

[SINGAPORE] Archaic rules, taxes as high as those imposed on alcohol and an infrastructure deficit, especially in Asia, are curbing the aviation industry's growth, the International Air Transport Association (Iata) said.

Countries should ease regulations and investment restrictions to boost the industry, Tony Tyler, chief executive officer of the world's biggest grouping of airlines, said in Singapore yesterday.

Governments will need a very determined political will to liberalise aviation across borders, he said.