Dunkin’ Donuts customers in New York and New Jersey are claiming in a new lawsuit that the company doesn’t understand how sales tax works in those states, resulting in combined overcharges worth nearly $14 million. That could buy a lot of coffee. Read More >
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GENEVA – The International Air Transport Association (IATA) announced global passenger traffic results for 2015 showing demand (revenue passenger kilometers or RPKs) rose 6.5% for the full year compared to 2014. This was the strongest result since the post-Global Financial Crisis rebound in 2010 and well above the 10-year average annual growth rate of 5.5%. While economic fundamentals were weaker in 2015 compared to 2014, passenger demand was boosted by lower airfares. After adjusting for distortions caused by the rise of the US dollar, global airfares last year were approximately 5% lower than in 2014.
Ben Paul has been named as PwC UK’s new airlines and airport industry leader. Offering a wide range of services from assurance to tax and digital to consulting, the 100-strong airlines and airport industry team provides ongoing support to UK-based organisations as well as international businesses with operations in the UK, Europe and the Middle East. Read More >