Ryanair: Irish Traffic and Tourism Collapses

"Ryanair, Europe’s largest low fares airline, today (14 May) welcomed the decision by the Spanish Government to reduce airport taxes to zero for all airlines that maintain or increase the traffic they achieved at Spain’s largest airports in the second half of 2008 during the corresponding period this year. Ryanair welcomed this move as the latest in a series of initiatives by European governments to lower taxes and airport charges in order to reverse recent traffic and tourism declines. In recent weeks these initiatives have included: 1. The Belgian Government scrapped its air passenger tax. 2. The Greek Government reduced its regional airport charges to zero for 2009. 3. The Dutch Government has repealed its €12 air passenger tax. 4. The Spanish Government has announced a zero rate of airport tax for airlines that maintain or grow traffic. " Next.