A tax levied on passengers for passing through an airport. The tax is generally paid for use of the airport, and is one of a number of taxes that are typically included in the price of an airline ticket. Often, the bulk of the fee is called the landing fee, paid by the aircraft and transferred to the customer via the ticket price, to land at a specific airport. These fees will vary greatly depending on the popularity of the airport. Revenue from airport taxes fund is used for facility maintenance.
The amount of airport tax levied on a passenger depends on a number of factors, most prominently whether the flight is a domestic or international one. International flights typically carry a higher airport tax. Also, fees can range depending on several other factors, such as the size of the plane and time of day.
Investment dictionary. Academic. 2012.
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