Ryanair (FR, Dublin International) has warned it may reduce its UK flight capacity by up to 10% in 2025, cutting air travel to and from UK airports by five million passengers, in reaction to the government’s announcement of a higher air passenger duty (APD).
During the Autumn Budget 2024 speech on October 30, UK Chancellor Rachel Reeves announced an APD increase of no more than GBP2 pounds (USD2.50) on economy-class short-haul flights. Private jet users will face a 50% hike in APD, which could mean an additional GBP450 (USD579) per…
Source: ch aviation
Read more: Ryanair warns of 10% UK capacity cut due to tax hike