Aviation: Europe loses 34 billion in tax revenue

A new study by the environmental umbrella organization Transport & Environment (T&E) shows that European states are missing out on more than 34 billion euros in revenue due to tax exemptions for the aviation sector. The study shows that Germany will miss out on four billion euros in 2022 and is one of the countries with the largest tax losses, along with the United Kingdom (5.5 billion tax loss), France (4.7 billion), Spain (4.6 billion) and Italy (3.1 billion).