Ryanair comments on Lufthansa Group service cuts in Austria
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Background ✨
Ryanair pledged a USD1 billion investment, creation of 300 jobs, and a passenger traffic increase to 12 million annually by 2030 if Austria abolished the EUR12 air travel tax, which was raised by 60% to EUR12 in Sep-2020. It criticised Austria's competitiveness compared to other EU markets and cited similar measures in Sweden, Hungary and regional Italy that led to traffic growth after tax reductions1 2.