France to tax flights from airports in bid to support the environment
Ryanair, Air France, easyJet and Lufthansa shares fall as airline levy is expected to raise about €180m from 2020
09 July 2019 - 17:48
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.