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Ryanair to cover carbon scheme at 0.25 euro per seat

11 January 2012

Ryanair will introduce a 25 euro cents levy on every seat booked from next week to cover the expected 18-20 million euro cost for carbon permits it needs this year under a new European Union emissions trading scheme (ETS).

Europe’s largest budget airline on Monday followed U.S. group Delta Air Lines and Deutsche Lufthansa, Germany’s biggest carrier, in passing costs onto customers.

Global airlines group IATA has estimated the annual industry-wide cost of the ETS will rise to 2.8 billion euros by 2020 from 900 million this year.

source: Reuters

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