German proposals for 16% VAT on ticket sales may hinder Ryanair

RYANAIR’S rapid expansion in the German market may be curtailed by a proposal to introduce 16% VAT on ticket sales for flights.

German proposals for 16% VAT on ticket sales may hinder Ryanair
Wed, 19 Feb, 2003 - 00:00
Ann Cahill and Conor Keane

Merrion stockbrokers analyst John Mattimoe said the proposed tax is a negative for all airline operators but is likely to meet with resistance across Europe.

He said: “It is difficult to see Germany having much success with any such a unilateral move.

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