Thank you for the question.
We put forward numerous suggestions to lessen the impact of the tax. In fairness to the government, they did make some adjustments with respect to the exportation and cash flow considerations for companies. We were thankful for that, but after a year of the tax being implemented, we've seen the devastating results that have occurred, with, again, $1 billion in lost revenue.
We do feel that there are some tweaks that could be made, but seeing the negative impacts of the tax, our recommendation is that aircraft be removed. That happened in the United States when they implemented a similar luxury tax. It was repealed within two years.
From my knowledge, we're the only country in the world doing this type of tax. I think there's a pretty significant reason. We were warning about the negative impacts that we would see with the implementation of this tax. Now we're seeing the actual real-world results start to play out, and it's very concerning.