Michael O’Leary said the Chancellor should scrap air passenger duty rather than ‘waffle on’ about Heathrow expansion.
Ryanair boss Michael O'Leary criticized Chancellor Rachel Reeves' budget for increasing Air Passenger Duty (APD), arguing that it hinders aviation growth. He believes abolishing APD would stimulate the industry and generate more revenue for the government, citing a potential £4 billion cost offset by double that amount in passenger growth within a year. O'Leary derided the government's support for a third runway at Heathrow, claiming it would be too late to impact growth and would be irrelevant by the time it's completed.
Essentially, the core message is that Ryanair believes raising taxes on air travel is detrimental to the industry and proposes abolishing APD as a solution to drive growth.
Ryanair boss Michael O'Leary criticized Chancellor Rachel Reeves' budget for increasing Air Passenger Duty (APD), arguing that it hinders aviation growth. He believes abolishing APD would stimulate the industry and generate more revenue for the government, citing a potential £4 billion cost offset by double that amount in passenger growth within a year. O'Leary derided the government's support for a third runway at Heathrow, claiming it would be too late to impact growth and would be irrelevant by the time it's completed. Essentially, the core message is that Ryanair believes raising taxes on air travel is detrimental to the industry and proposes abolishing APD as a solution to drive growth.
