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Spain Raises Airport Taxes
The government of Spain has announced that it is raising airport taxes.
The amount of the increase depends on the airport, with the average being 18.9 percent. Taxes at the two busiest airports, however, will more than double. Madrid's Barajas airport will increase from 6.95 euros to 14.44 ($8.64 to $17.94). Barcelona's El Prat airport will go from 6.12 euros to 13.44 ($7.60 to $16.70).
Ryanair and Vueling have already passed the extra fee onto their passengers. Other airlines have yet to decide how to respond. The tax is retrospective for those who booked before July 2, 2012, and are traveling from July 1 onwards.
Spain is one of the most troubled economies of the Eurozone. It has recently been granted up to 100 billion euros ($124 billion) in bailouts for its banks and the government is planning harsh austerity measures in order to balance the books. With summer tourist season kicking into high gear, the increased tax will bring in tens of millions in much-needed funds, assuming it doesn't turn away too many tourists.
[Photo of Madrid's Barajas airport courtesy Andres Rueda]