TaxPersonal TaxRyanair CEO renews tirade against Brown

Ryanair CEO renews tirade against Brown

Budget airline chief keeps barking at Brown’s heels

As Dublin-based budget airline
Ryanair released
third-quarter net profit figures of £31.7m, a rise of 30%, it renewed its attack
on the chancellor’s decision to raise air
passenger
departure taxes
.

Ryanair yesterday announced record profits despite high fuel costs and wasted
no time in renewed its attacks on chancellor Gordon Brown’s increase in the tax.

Michael
O’Leary,
Ryanair’s CEO, again went on the offensive.

He said: ‘The recent hysteria in the UK about the impact of aviation on
climate change has been misguided and misplaced. Aviation accounts for less than
1.6% of greenhouse gas emissions and we expect, in time, that the media and
governments will focus on the causes of 98% of greenhouse gas emissions and not
the aviation industry.’

He denounced the increase in UK departure tax from £5 to £10 as ‘another tax
on tourists’.

‘The fact that it represents a 35% rate of tax on Ryanair’s average fare of
£28 shows how regressive, unfair and penal it is,’ he added.

Further reading:

Ryanair CEO wants end to airline tax hikes

E&Y slams air passenger tax increase

Tax rises on flights in PBR

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

3d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter