Skies Are About to Get Pricier
Word on the street: the Chancellor might be gearing up to hike the Air Passenger Duty (APD), which could spell higher fares for a ton of holiday enthusiasts.
Who’s Opposing the Move?
- Ryanair CEO Michael O’Leary has already warned that an APD boost would force the airline to slash hundreds of UK flights. “It’s a tax that’s hitting the people who can’t afford the extra costs,” he says.
- Regional routes, he notes, “barely break even,” so a new levy could push many of them into the red.
- Sources stated the expected increase would be “above RPI,” meaning it could outpace the usual inflation rate.
Industry Pulse
The International Air Transport Association (IATA) slammed the idea as “counterproductive economically and ineffective environmentally.”
A Treasury spokesperson reminded everyone that the Chancellor is “facing tough choices on spending, welfare, and tax” to lay a stronger foundation for the economy.
Might It Crowbar Holiday Plans?
Travelers could see costs rise by hundreds of millions of pounds, and business trips might feel the pinch too.
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