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

corporate.ryanair.com

41–50 of 92 posts

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

#41
I mean... The joke about socialism was that all special taxes (ie: carbon tax) were just a thinly veiled excuse to scrape the cream off the top.

The whole concept of an "excess profits tax" does away with the thin veil and literally says, "you earned too much money, we're taking some of it".

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

#42

I haven't found anything that makes this "excess profits tax" only affect airlines with excess profits, so it does sound like your typical government naming scheme. With how cheap discount airlines can be in Europe, this 10 euro tax can easily be a 30-40% raise in ticket price on some flights. Its funny looking up other sources where the government is seemingly shocked that Ryanair just increased their prices to comp…

They immediately triggered an investigation with the Economic Competition Authority :) This will be such a shit-show to watch.

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

#43
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 the CEO of a private company is comparable to a politician, particularly a world leader.

Given O'Leary has been CEO since the 1990s, steering the airline through Covid-19, the GFC and 9/11, he must be doing something right. At least, that's what shareholders think.

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

#44
post #22
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.

"EVERYONE BE QUIET!! You bought tickets to get to Berlin, right?"

"Well... yes."

"And where is this?"

"Is it.. Berlin?"

"Exactly! Exit your cages to the right. Women, children and goats first please."

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

#45

That is some incredibly unprofessional tone for an official press release. Anyone who's ever had the misfortune of flying with Ryanair can't be too surprised though.

Ryanair is actually a totally solid airline. They're among the most timely in Europe, if you pay them a few bucks you get an exit row and a meal. Honestly they're among the best of the low-costs (and every domestic flight in Europe counts as low-cost).

They’re really not, unless all you care about is punctuality:

- mediocre app with plenty of bugs

- almost always buses/walks instead of jetbridges

- furthest and uncomfortable gates

- inexperienced and unprofessional cabin crew

- non existent customer service

- hostile web design, dark UX patterns

- baggage fees which seem to go up €10 each year

- inexperienced pilots and bumpy landings

- force you to stand in hot hallways before the plane has even landed (“gate closed”!)

- random policy changes towards baggage

- extremely inflexible terms and conditions. Default is no changes no refunds ever

That’s just what I can remember off the top of my head.

A lot of the above makes them actively hostile towards the elderly and disabled.

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

#46

Earlier quoted context omitted.

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 informatio…

> 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.

That's still an impressive accomplishment. So I'd be inclined to believe that was just an honest mistake.

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

#47
post #5

Earlier quoted context omitted.

Hate to defend RyanAir, but I prefer unprofessional to corporate doublespeak.

RyanAir advertisements are often misleading (tickets often end up costing a multiple of the advertised price), so I'm not going to believe anything they say.

> (tickets often end up costing a multiple of the advertised price),

Are you adding a lot of optional extras to your purchase?

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

#48

>This is not an ‘excess profits’ tax, it is just highway robbery by a Govt. that is completely out of touch with reality Flying, for almost _any_ reason is, in this day and age, completely out of touch with reality.

Dublin to London is 1h 15m by plane. Ryanair costs $24.

A road trip including a ferry takes 8h 23m, and needs driving 600km * 4l/100km = 24l of diesel, which is about $56 just for the fuel.

Then add the value of your free time, which is necessarily higher than your work time, because you have less time left in a week.

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

#49
post #19

>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.

people "vote" with their money - they rather pay less - they do have the option to pay more and travel with more comforts

can't blame a company for giving people a choice

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

#50
post #48

>This is not an ‘excess profits’ tax, it is just highway robbery by a Govt. that is completely out of touch with reality Flying, for almost _any_ reason is, in this day and age, completely out of touch with reality.

Dublin to London is 1h 15m by plane. Ryanair costs $24. A road trip including a ferry takes 8h 23m, and needs driving 600km * 4l/100km = 24l of diesel, which is about $56 just for the fuel. Then add the value of your free time, which is necessarily higher than your work time, because you have less time left in a week.

What % of flights cross seas, though? I believe you missed the almost in the parent comment.
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