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Ryanair Appeals Bogus CPA Fine Calls On HU Govt. To Scrap “Excess Profits” Tax On Loss Making Airline Sector

Ryanair, Hungary’s No.1 airline, today (13th Sep) called on the Hungarian Govt to explain why its idiotic “excess profits” tax was levied on the airline industry which has reported record losses over the last 2 years due to Covid and the Ukraine war. It makes no sense to impose an “excess profits” tax where “excess losses” are reported. All the Hungarian Govt has done with this “excess profits” tax, is raise flight costs for Hungarian … more

News 13 Sep 2022