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Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

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Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#11

Post by teknopaul »

YPPH wrote: post #4
atlasunshrugged wrote: post #2

>This is not an ‘excess profits’ tax, it is just highway robbery by a Govt. that is completely out of touch with reality Wow, this is an aggressive statement by a corporate entity. I know Ryanair has always been more outspoken than other corporate entities (besides perhaps Ben & Jerry's) but this was quite surprising to read

The CEO is notoriously outspoken, it doesn't surprise me at all. It's kind of refreshing to see something that hasn't passed through a public relations filter. For some colourful viewing, here's the CEO proposing a "standing cabin" on planes, and asserting that "the customer is nearly always wrong": https://youtu.be/xmGRGv2jEkg

Pretty safe to ignore any corporate statements by Ryanair.

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#12

Post by hnhg »

a0zU wrote: post #8
malermeister wrote: post #6

Earlier quoted context omitted.

You have a point, but there's not using doublespeak and then there's just being an abrasive asshole. O'Leary is the latter.

Can you qualify that?

https://www.azquotes.com/author/46597-Michael_O_Leary

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#13

Post by malermeister »

a0zU wrote: post #8
malermeister wrote: post #6

Earlier quoted context omitted.

You have a point, but there's not using doublespeak and then there's just being an abrasive asshole. O'Leary is the latter.

Can you qualify that?

Here's a few examples, I'm sure you could find more:

https://www.rte.ie/news/2002/0228/23628-ryanair/ https://www.theguardian.com/environment/2005/jun/24/theairli... https://www.belfasttelegraph.co.uk/news/war-in-irish-skies-a...

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#14

Post by kmlx »

a0zU wrote: post #8
malermeister wrote: post #6

Earlier quoted context omitted.

You have a point, but there's not using doublespeak and then there's just being an abrasive asshole. O'Leary is the latter.

Can you qualify that?

https://en.wikipedia.org/wiki/Michael_O%27Leary_(businessman...

socially, he's a complete joke.

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#15

Post by Irishsteve »

teknopaul wrote: post #11
YPPH wrote: post #4

Earlier quoted context omitted.

The CEO is notoriously outspoken, it doesn't surprise me at all. It's kind of refreshing to see something that hasn't passed through a public relations filter. For some colourful viewing, here's the CEO proposing a "standing cabin" on planes, and asserting that "the customer is nearly always wrong": https://youtu.be/xmGRGv2jEkg

Pretty safe to ignore any corporate statements by Ryanair.

Why

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#16

Post by mschuster91 »

YPPH wrote: post #4
atlasunshrugged wrote: post #2

>This is not an ‘excess profits’ tax, it is just highway robbery by a Govt. that is completely out of touch with reality Wow, this is an aggressive statement by a corporate entity. I know Ryanair has always been more outspoken than other corporate entities (besides perhaps Ben & Jerry's) but this was quite surprising to read

The CEO is notoriously outspoken, it doesn't surprise me at all. It's kind of refreshing to see something that hasn't passed through a public relations filter. For some colourful viewing, here's the CEO proposing a "standing cabin" on planes, and asserting that "the customer is nearly always wrong": https://youtu.be/xmGRGv2jEkg

> It's kind of refreshing to see something that hasn't passed through a public relations filter.

It's one thing if the owner of a local bar thinks it a good idea to throw around swear words and being edgy in general. Might bring him some new business, might lose him some old business.

But owners of companies worth dozens of billions of dollars? They might want to rein in their executives a bit. Unprofessionalism always reflects back on the institution, even if Elon Musk and to a lesser degree Jeff Bezos (=we don't need to make a profit or pay out dividends) have proven themselves to be the exception to the rule.

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#17

Post by H8crilA »

FWIW this is a pretty hellish place to work at. It's kind of a bait job for young pilots, you basically do not earn any income there after all work expenses (it's a contractor type of a situation), at the same time the atmosphere is very toxic. But cheap tickets, yeeeeee

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#18

Post by chippytea »

The 'Extra Profits Tax' is targeted at the passanger, not the airline. They knew that the airlines will pass on the extra cost to the passanger.

The hungarian government knows that they have overspent in the past years and need to raise additional taxes. So they introduced a flat tax of about €10 (€30 for inter-continental flights) per flight. This achieves many things at the same time: -The government gets additional income -Orbán can blame the airlines/multinational companies for cost of living crisis -Fewer people go on holiday abroad, more money spent at home

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#19

Post by kmlx »

atlasunshrugged wrote: post #2

>This is not an ‘excess profits’ tax, it is just highway robbery by a Govt. that is completely out of touch with reality Wow, this is an aggressive statement by a corporate entity. I know Ryanair has always been more outspoken than other corporate entities (besides perhaps Ben & Jerry's) but this was quite surprising to read

what's more shocking to me is the quality of flying Ryanair vs how outspoken their CEO is.

if you only read his comments, you would think this company is so solid that the CEO has complete free rein. and then you fly Ryanair and you realise it's just shock advertising.

Re: Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits’ Tax

#20

Post by ceejayoz »

Irishsteve wrote: post #15
teknopaul wrote: post #11

Earlier quoted context omitted.

Pretty safe to ignore any corporate statements by Ryanair.

Why

The CEO has a history of being a bullshitter.

https://en.wikipedia.org/wiki/Michael_O%27Leary_(businessman...

> In 2007, O'Leary was forced to retract a claim that Ryanair had cut emissions of carbon dioxide by half over the previous five years because the claim should have been that emissions "per passenger" had been cut by half. He has been reported to have impersonated a journalist in an attempt to find information passed on to a newspaper following a safety incident on a Ryanair flight. On occasion, he has apologised for personal attacks under threat of legal action. He has been criticised by a judge for lying, who said he was lucky not to be found guilty of contempt of court. He has also been criticised for dismissing concerns about climate change as "complete nonsense".

> Reacting to the decision to close European airspace in April 2010 over worries about the volcanic ash plume from an erupting Icelandic volcano, O'Leary falsely said, "There was no ash cloud. It was mythical. It's become evident the airspace closure was completely unnecessary."

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