EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Ryanair threatens to drop 10 French airports over tax hike

David Peterson by David Peterson
November 20, 2024
in Economy
Reading Time: 3 mins read
A A
2
27
SHARES
338
VIEWS
Share on FacebookShare on Twitter

Ryanair is a major provider of services at French regional airports. ©AFP

Paris (AFP) – Low-cost airline Ryanair threatened Wednesday to stop serving 10 French regional airports if the government goes forward with a proposed tax hike. The French government is scrambling to plug a larger-than-expected budget deficit, and a tripling of a tax on airline tickets, as well as private jets, is one of the measures currently under consideration.

Related

UK automakers cheer US trade deal, as steel tariffs left in limbo

Global oil demand to dip in 2030, first drop since Covid: IEA

US retail sales slip more than expected after rush to beat tariffs

Why stablecoins are gaining popularity

Bank of Japan holds rates, will slow bond purchase taper

“Ryanair is now reviewing its French schedules and expects to cut capacity to/from regional French airports by up to 50 percent from January 2025 if the French government proceeds with its short-sighted plan to triple passenger taxes,” Ryanair’s chief commercial officer Jason McGuinness said in a statement.

Ryanair currently operates flights at 22 smaller French regional airports. The two closest to Paris are not among those where Ryanair might cut services, but the airline did not indicate which are threatened. The Irish budget airline hopes to transport 5.7 million people along its French routes this year, an increase of 19 percent from 2023.

Ryanair said the tax increase would fall most heavily on passengers using regional airports, which are primarily served by low-cost airlines, and the tax hike would have a larger impact. “The impact of increased passenger taxes will be most damaging for regional France which depends on competitive access costs,” McGuinness said. He added that there was fierce competition between regional airports, and Ryanair would shift operations to airports that would help it reduce costs.

© 2024 AFP

Tags: airlinesFrancetaxation
Share11Tweet7Share2Pin2Send
Previous Post

Awaiting Trump, US auto execs further temper EV push

Next Post

Musk details mass cuts to US federal spending and staff

David Peterson

David Peterson

Related Posts

Economy

Ecuador pipeline burst stops flow of crude

June 16, 2025
Economy

Yen slides ahead of Bank of Japan policy decision

June 16, 2025
Economy

War, trade and Air India crash cast cloud over Paris Air Show

June 16, 2025
Economy

China factory output slows but consumption offers bright spot

June 16, 2025
Economy

US Fed set to hold rates steady in the face of Trump pressure

June 16, 2025
Economy

US Fed set to hold rates steady in the face of Trump pressure

June 14, 2025
Next Post

Musk details mass cuts to US federal spending and staff

Macron praises EU-Chile trade agreement on Latin America tour

Musk outlines plans for mass cuts as Trump 'efficiency' czar

Arrested son of Norwegian princess suspected of second rape

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025

Taiwan tests sea drones as China keeps up military pressure

June 17, 2025

G7 leaders urge Trump to ease off trade war

June 17, 2025

Oil prices rally, stocks slide as traders track Israel-Iran crisis

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.