CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’
Ryanair has warned it may cut the number of flights from the UK by up to 10 per cent next year blaming tax rises on air travel, which are set to increase further following Labour’s Budget this week. Europe’s largest low-cost carrier said the decision to raise air passenger duty would reduce travel to and from the UK by up to 5mn passengers.
But in its Budget the government said passengers will also face an additional 13 per cent increase on all commercial flights from 2026-27, equivalent to £2 for passengers flying on an economy short-haul flight, and £12 for long-haul. Taxes on the largest private jets will rise by an extra 50 per cent, Reeves also announced on Wednesday. The airline has threatened to shift flights away from countries with high taxes. Ryanair has warned it could cut 1.
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