RYANAIR Q1 FY22 Financial Summary

"Fit for 55" Proposals (Green Deal) RYR supports 2050 net carbon neutral ✈ Welcome SAF blend targets (5% by 2030) Badly designed tax proposals: - Double tax for CO₂ (ETS plus kero. tax) - Polluter does not pay - L/H excluded (c.55% of EU emissions) - No reinvestment of taxes in sustainable alternatives 1₂ ✈ Taxes damage EU connectivity ✈ Penalizes poor (S/H) to benefit rich (L/H) ✈ Benefits EU centre (Ger./Fr./Neths.) at exp. of regions (Gre./Ita./Por./Spa.) ✈ Damages EU states with no flight alterns. (Cyp./Gre./Ire./Mal./Spa./Por.) RYANAIR MORE CHOICE. LOW FARES. GREAT CARE. 1 15

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