The EU is considering a tax on aviation fuel. Airlines would pay a tax on aviation fuel purchased within the EU, with a rate of about 0.33€ per litre (1.24€ per gallon) being suggested. Although the EU apparently already calculated that the tax would lead to a 10% drop in air-travel around the EU, I thought it would be interesting to explore the effects in more detail. Price of Long-Haul Flights to/from Europe Long haul flights consume enormous quantities of jet fuel, and the taxes could add over 90 000€ to the cost of fuelling an Airbus A380 for very Continue Reading