Ryanair will add EU ETS levy

Ryanair (FR) will introduce a €0.25 ($0.32) levy per passenger per segment for all bookings made from Jan.17 to cover costs incurred from the inclusion of aviation in the European Union Emissions Trading Scheme (EU ETS) (ATW Daily News, Dec. 22, 2011). Europe’s largest LCC said it estimates the EU ETS will cost it between €15 million ($19.1 million) and €20 million this year.