Aviation Unions Reach Deal on IGR Deduction with Federal Government

Aviation unions have proposed a 70% retention rate for Internal Generated Revenue (IGR) by aviation agencies, according to federal government announcements addressing union concerns.

The Federal Government has accepted the proposals made by aviation unions, agreeing that aviation agencies will retain 70% of their Internally Generated Revenue (IGR). This decision comes after concerns were raised by union representatives regarding a proposed 50% deduction from IGR. The new agreement is seen as a significant win for the aviation sector, ensuring that agencies have a greater share of their revenue to invest in operations and infrastructure.