ECONOMY

The French government wants to implement an eco-tax of 1.50 euro to 18 euros on air tickets from 2020

The Minister of Transport announced it on Tuesday. This measure, decided at the second Ecological Defense Council, will be included in the 2020 Finance Bill and will apply to all airlines.

The government wants to implement an eco-tax of 1.50 to 18 euros on air tickets from 2020 for all flights departing from France, except to Corsica and overseas and except for connecting flights Minister of Transport Elisabeth Borne announced Tuesday (July 9th). This measure, decided at the second Ecological Defense Council, will be included in the 2020 Finance Bill and will apply to all airlines.

The eco-tax will only apply to flights departing from France and not to those arriving. It will be €1.50 in eco-class for domestic and intra-European flights, €9 for business-class flights, €3 for eco-class flights outside the European Union and €18 for these flights. flights in the business class said the minister.

According to Elisabeth Borne(French civil servant), they expect this tax to generate €182 million from 2020, which will be spent on investments for greener transport infrastructure, including rail.

Seth Statnick

Reporter Seth Statnick was born and raised in California but moved east when he was 25. Apart from running his own consulting firm. Seth spends his time rowing. As a financial journalist Seth has published stories for NPR Business Online, as well as Buzz Feed and Motherboard. As a contributor to The Ticker Times, Seth mostly covers markets and trade. Tel: 206-332-0220 Location: 1304 6th Ave, Seattle, WA 98104, USA Email: seth@thetickertimes.com

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