Ryanair boss warns UK flights will be 'much more expensive' after 'idiotic' Budget
manchestereveningnews.co.ukThe boss of Ryanair has claimed flights will be 'much more expensive' following this week's Budget announcement. Chief executive Michael O’Leary said the airline plans to cut flights to and from UK airports by 10 per cent next year following Labour’s decision to increase the tax on airline tickets.
He described chancellor Rachel Reeves' decision to raise air travel taxes as "idiotic" and said it was a "short-sighted tax grab".
He added the Budget had “damaged” UK growth prospects and “made air travel much more expensive”. READ NEXT: Five major Budget 2024 tax changes announced and how they will affect you Mr O'Leary said Ryanair would “review” its schedules and added the planned reduction could lead to as many as five million fewer passengers at UK airports.
Chancellor Rachel Reeves said air passenger duty (APD) will rise from the 2026/27 financial year, adding up to £2 to the cost of an economy ticket for a short-haul flight.
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