Paris — France will introduce a tax on airlines flying from its airports to help support the environment, transport minister Elisabeth Borne said on Tuesday, in a move expected to raise about €180m from 2020.

Shares in airlines across Europe fell on the news, with Air France down 5.2%, Ryanair shedding 4.8%, easyJet down 4% and Lufthansa dipping nearly 3% at midday.

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