Ryanair threatens to axe hundreds of UK flights if British Chancellor raises air tax

Ryanair could axe hundreds of UK flights if the chancellor raises aviation tax in the upcoming Budget, the company’s chief executive has warned.

Michael O’Leary said any increase in air passenger duty would not only hurt customers but undermine the viability of some routes.

Mr O’Leary said: “If they raise APD (air passenger duty) again on domestic flights then there will be a cut in capacity, no question. These routes are not particularly profitable, they barely break even.”

It comes as Ryanair shares slumped as the company cuts passenger estimates for next year.

Mr O’Leary blamed uncertainty over how many aircraft it would get from Boeing. 

Read more via The Telegraph

Discover more from The Dispatch

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights