Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings PLC celebrates a victory as the Austrian Court rejects the Vida Union’s attempt to impose higher costs and inefficiencies of Austrian Airlines on other carriers in Austria. This decision is seen as a win for consumers and growth in the Austrian air travel sector, enabling more airlines to establish and expand operations without adopting costly practices. Ryanair urges the Austrian government to eliminate the aviation tax, following Italy and Sweden’s lead, to further boost air travel and job creation in Austria.
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