By leone

RYANAIR is fined with $780,000

RYANAIR is fined with $780,000

Hungary has fined major airline Ryanair 300 million forints, or USD 780,000.

Hungary's Justice Minister stated on Monday, August 8th, 2022, that Ryanair is legally compelled to pay the Hungarian state $780,000.

why RYAnair need to pay the fine

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The fine is the result of a newly adopted tax aimed at taxing any gains that the state considers to be extra profit.

Ryanair had reacted to these fines in an email just hours before.

The government, led by Prime Minister Viktor Orbán, enacted the tax in May 2022.

The airline stated in the email that it was willing to contest the fine.

The Hungarian government proposed an alternative tax of 800 billion forints (over 2 million dollars).

The tax was intended to aid in rebuilding the government's budget after the prime minister spent a large portion of it on his re-election campaign.

– Charles A. Lindbergh

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“Sometimes, flying feels too God-like to be attained by man. Sometimes, the world from above seems too beautiful, too wonderful, too distant for human eyes to see.”

The Hungarian government supports this new tax because it believes it is justified. It confirms that the study uncovered consumer-harming issues.

REAFFIRMS,