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Ryanair Faces Hungary Probe as Windfall Tax Triggers Price Hikes

  • Government says Ryanair passing special levy on travelers
  • Ryanair said Hungary extra tax on airlines is ‘beyond stupid’
Passengers disembark a Ryanair Holdings Plc aircraft at Budapest Ferenc Liszt International Airport in Budapest. 

Passengers disembark a Ryanair Holdings Plc aircraft at Budapest Ferenc Liszt International Airport in Budapest. 

Photographer: Akos Stiller/Bloomberg

Hungary launched a probe into Ryanair Holdings Plc after the government said Europe’s largest low-cost carrier raised ticket prices to pass on the costs of a windfall tax.

Prime Minister Viktor Orban is slapping an “extra profit” levy on a range of industries to fund utility price subsidies for Hungarians. The fee includes a newly introduced departure payment for airlines of 3,900 forint ($10) for travel within Europe.