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I haven't found anything that makes this "excess profits tax" only affect airlines with excess profits, so it does sound like your typical government naming sch
by ApolloFortyNine 4y ago
I haven't found anything that makes this "excess profits tax" only affect airlines with excess profits, so it does sound like your typical government naming scheme.
With how cheap discount airlines can be in Europe, this 10 euro tax can easily be a 30-40% raise in ticket price on some flights.
Its funny looking up other sources where the government is seemingly shocked that Ryanair just increased their prices to compensate.
- tiborsaas 4y agoThey immediately triggered an investigation with the Economic Competition Authority :) This will be such a shit-show to watch.