Cabinet extends tax incentives to boost air traffic at key airports
- 5opn1
- January 9, 2025
- Aviation news
- Cabinet extends tax incentives to boost air traffic at key airports
- 0 Comments
The Cabinet of Ministers at their meeting on Monday approved an extension of tax concessions for airlines operating into three key airports — Jaffna International Airport, Colombo International Airport (Ratmalana), and Mattala Rajapaksa International Airport.
The concessions include a 50% waiver on deviation tax for airlines operating scheduled flights to Jaffna International Airport, which will now remain in effect till 30 January 2026. In addition, airlines servicing Colombo International Airport (Ratmalana) will enjoy the same 50% waiver for one year starting 27 March 2025.
The move intends to increase air traffic attracting international carriers, utilise facilities and boost tourism. For Mattala Rajapaksa International Airport, a full deviation tax concession will be extended for another year from 29 December 2024.
“These concessionary schemes are part of a broader strategy to enhance connectivity, attract more tourists and support local economic growth through increased travel activity. Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said yesterday at the weekly post-Cabinet meeting media briefing.
