Ryanair to cut UK flights by 10pc as Michael O'Leary calls Budget air tax rise 'idiotic'

Michael O'Leary criticized the spending statement, asserting it has "damaged" UK growth by making air travel significantly more costly for consumers, particularly affecting ordinary families.

O'Leary argued the Chancellor's decision on air passenger duty increases will result in cuts rather than growth, further compromising the UK's competitiveness against countries abolishing travel taxes.

The planned rise in air passenger duty will add up to £2 to short-haul flight tickets, while private jets will see a dramatic 50 percent increase.

Despite hitting a record passenger number in August with 20.5 million travelers, Ryanair’s profits fell drastically earlier this year due to reduced airfares.

Read at Irish Independent