- 30 May 2022 9:14 AM
- Hungary Around the Clock
The government announced a charge on “surplus profits” made by companies in eight sectors, including the aviation industry, with the aim of collecting €800 billion to rein in the budget deficit.
Airlines’ profits are not expected to reach the levels seen before the outbreak of the pandemic for a long time, so there is no point in talking about “surplus profits”, Carey said.
The regulation will mean a €10-15 charge per passenger on flights from Budapest, a fee that will be levied on the ground-handling company, then passed on to airlines and ultimately to customers, he remarked.
Wizz Air incurred a loss of €721 million in its fiscal year ending March 31, 2021. Its loss came to €267.5 million in October-December of last year.
MTI Photo: Zsolt Szigetváry