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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

#31

Post by jpgvm »

hgazx wrote: post #22
kmlx wrote: post #19

Earlier quoted context omitted.

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.

Ryanair gives you what you pay for, nothing more nothing less.

And they aren't afraid of making that clear. I don't think it's shock advertising at all, it's just their brand, product and messaging being in perfect sync.

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

#32

Post by Aeolun »

j_walter wrote: post #21
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

>It's kind of refreshing to see something that hasn't passed through a public relations filter. That was a big part of Trump's appeal to his fan base as well...however that kind of talk is not becoming of someone in a prestigious position like president (or CEO) and ruins their credibility to get things done.

I don’t think that is necessarily true. There is a huge difference between calling a cow a cow, trying to make the cow sound like a golden calf, and trying to call a pig a cow.

Trump did a lot of the latter, corporate entities do a lot of the second, and it would often be nice if they did more of the first.

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

#33

Post by throwaway98797 »

j_walter wrote: post #21
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

>It's kind of refreshing to see something that hasn't passed through a public relations filter. That was a big part of Trump's appeal to his fan base as well...however that kind of talk is not becoming of someone in a prestigious position like president (or CEO) and ruins their credibility to get things done.

does it tho?

he’s doing alright

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

#34

Post by tiborsaas »

It's not just Ryanair, the government is basically milking entire sectors based on the good old socialism constructs that big companies are evil since they are making "extra" profits and people are eating this up not realizing that this will contribute even more to inflation and the ever weakening Forint. Truly concerning.

https://wtsklient.hu/de/2022/06/13/extra-profit-tax-in-hunga...

https://www.pwc.com/hu/hu/sajtoszoba/2022/extraprofit_adoren...

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

#38

Post by InCityDreams »

hgazx wrote: post #22
kmlx wrote: post #19

Earlier quoted context omitted.

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.

Ryanair gives you what you pay for, nothing more nothing less.

And there's always something additional to be paid for.

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

#39

Post by robonerd »

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

For flights under two hours or so, I think I'd rather be forced to stand than forced to sit. Of course, an aisle seat where I can stand or sit at will is the ideal.

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

#40

Post by danuker »

chippytea wrote: post #18

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 additiona…

Hungary is cheap per more developed countries' standards. The €30 upfront might make some rich tourists choose a different country and stay an extra night.
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