Ryanair hits out at 'stupid' Belgium over aviation taxes [Yahoo! Finance]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
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Source: Yahoo! Finance
"What's extraordinary about the stupidity of the Belgian government is that they've come up with this visionary idea to raise taxes on passengers, at a time when almost every other European country is abolishing travel and environmental taxes," chief executive Michael O'Leary told reporters in Brussels. O'Leary pointed to European countries cutting taxes to fuel growth, such as Hungary, Slovakia and Sweden. Charleroi authorities is demanding three euros ($3.50) per passenger departing from the airport in the city. "The aircrafts can move, the jobs can move, the passengers can move, and they will move to those countries who are abolishing taxes and lowering airport fees," O'Leary said. The Irish no-frills airline said it would reduce its capacity at Charleroi airport by 1.1 million seats by the end of 2026. The hub serves several destinations especially in the warmer Mediterranean region. Ryanair says it was the leading airline in the Belgian market with 11.6 million passeng
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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