'Useless' and 'hopeless': Ryanair CEO slams U.K. government over travel tax
1. Ryanair's CEO criticized UK tax hikes on air travel, predicting relocations. 2. Stronger-than-expected profits reported before the UK's Autumn Budget announcement. 3. O'Leary claims increased taxes threaten passenger affordability and regional traffic growth. 4. He suggests abolishing passenger duty outside London to stimulate local economies. 5. Ryanair may relocate to countries with favorable tax policies if APD rises.