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Manufacturing Industry

Ryanair criticises European Parliament's vote on emissions trading

Airline Industry Information,  July 9, 2008  

AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD

Low-cost airline Ryanair has criticised the decision made by the European Parliament to include aviation in European Union emissions trading systems.

The decision was made through a vote, and will come into effect from 2012.

Ryanair claims that the new taxation will do little to help the environment, but could add up to EUR50 per flight to the cost of tickets. The CEO of Ryanair, Michael O'Leary, described the decision as "further raising the tax burden on Europe's citizens".

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COPYRIGHT 2008 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning