Budget airline Ryanair announced yesterday it will cancel several routes through Hungary and cut flights on several more following a months-long dispute with the country’s government over a special windfall tax placed on airlines.
Chief executive Michael O’Leary said at a press conference in Hungary’s capital that Ryanair had planned to launch 10 new routes through Budapest and base an additional airplane at its airport this winter.
“Sadly, however, those plans have now fallen at the altar of the Hungarian government’s decision to impose a ludicrous and idiotic excess-profits tax on the airline sector, which has reported record losses,” Mr O’Leary said.
Instead of expanding its presence in Hungary as planned to more than five million passengers next year, Ryanair will eliminate eight of its previously operating 53 routes through Budapest while imposing frequency cuts on seven more, he said.
I HOPE CABBAGE HEAD IS READING THIS .WHY WOULD ANYBODY INVEST IN ANY INDUSTRY IN IRELAND OR ANYWHERE ELSE IF THEY UP THE TAX IF YOU MAKE PROFIT .Imagine if Man City were winning the league by a load of points and they changed the rules decided City could only play 10 players or broke the Goalkeepers arm tp give others a chance .
