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France plans new tax on outbound flights, airline shares fall

Reuters India Tuesday, 9 July 2019 ()
France will introduce an eco-tax on airlines flying out of France, which is expected to raise around 180 million euros ($201.67 million) from 2020, transport minister Elisabeth Borne said on Tuesday.
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News video: France eco-tax: How hard will it hit consumers?

France eco-tax: How hard will it hit consumers? 02:12

France is set to apply a new tax on almost all flights departing from its airports, which is expected to raise €180 million in its first year. But how will it affect those travelling?

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