Ryanair to cut Brussels Charleroi capacity due to passenger tax [Yahoo! Finance Canada]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
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Source: Yahoo! Finance Canada
The Irish airline will cut the number of seats from flights landing or taking off ?from Charleroi by 1.1 million from its current annual total of 10.5 million, Group Chief Executive Michael O'Leary told reporters. "We will keep cutting until the Belgian government ... abolishes these stupid taxes," he said. Some aircraft will be redeployed to other locations, ?and new aircraft will go ?to Sweden and Albania. "We're adding four new aircraft to Stockholm this year. In Albania, zero taxes, we're opening a base of ?four aircraft," O'Leary said. "We think this winter we're planning to move four or five of those aircraft out of Charleroi. They'll go to Slovakia, Italy and Sweden and that's ?the damage those taxes do," he added. He said the EU needed to ?do more to keep European aviation competitive, including by covering non-European flights under its Emissions Trading Scheme (ETS). Under the scheme, airlines are given an emissions allowance and must buy carbon credits to compe
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RYAAY
Sec Filings
- 1/13/26 - Form 6-K
- 1/12/26 - Form 6-K
- 1/5/26 - Form 6-K
- RYAAY's page on the SEC website