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Air France: opposes eco-tax proposal

(CercleFinance.com) - In a press release, Air France indicates that it “strongly disapproves the announcement of a proposal to introduce an eco-tax varying from 1.
5 to 18 euros on tickets for all flights departing from France as from 2020”.

“This new tax would significantly penalize Air France's competitiveness, at a time where the company needs to strengthen its investment capacity to more rapidly reduce its environmental footprint, notably as part of its fleet renewal policy”, indicates the group.

“France is one of the countries with the most heavily-taxed air transport industry in Europe”.

This tax would represent an additional cost of over 60 million euros per year for the Air France group.

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