Lufthansa hit hardest by possible EU kerosene tax – Spiegel

Lufthansa would be burdened most among leading European airlines should the EU introduce a kerosene tax as part of the planned Green Deal, writes Spiegel Online based on calculations by the Institute for Applied Ecology (Öko-Institut). Lufthansa would face extra costs of E2.5b should all its fuel be taxed with 33 cents per litre – the minimum tax rate for kerosene, which the EU stipulated in its 2003 Energy Tax Directive but with exemptions for commercial aviation companies. For the whole group – including Swiss, Austrian Airlines, Eurowings and others – it would add up to E4.2b, Spiegel says. Lufthansa said the sum would decrease somewhat, as part of its kerosene was fuelled outside the EU. <br/>
Clean Energy Wire
https://www.cleanenergywire.org/news/airline-lufthansa-hit-hardest-possible-eu-kerosene-tax-spiegel
12/17/19
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