France to tax flights from its airports, airline stocks decline
10 Jul 2019
France will introduce a tax on airlines flying from its airports to help support the environment, the transport minister said, in a move expected to raise around 180 million euros ($202 million) from 2020. Shares in airlines across Europe fell on the news, with Air France down 5.2%, Ryanair down 4.8%, easyJet down 4% and Lufthansa