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Ryanair Cancels Several Routes Through Hungary

• 19 Sep 2022 6:23 AM
• Budapest Business Journal

Budget airline Ryanair announced yesterday that it would cancel several routes through Hungary and cut flights on several more following a months-long dispute with the country's government over a special windfall tax placed on airlines, the Associated Press reported.

The Ireland-based company's CEO, Michael O'Leary, said at a press conference in Hungary's capital that Ryanair had planned to launch 10 new routes through Budapest and base an additional airplane at its airport this winter.

"Sadly, however, those plans have now fallen at the altar of the Hungarian government's decision to impose a ludicrous and idiotic excess profits tax on the airline sector, which has reported record losses," O'Leary said.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

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