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A comment on France to tax flights from its airports, airline shares fall. Parent comment

Re:France to tax flights from its airports, airline shares fall by bryanlarsen on Tuesday July 09, 2019 @12:13PM (#20393323)
They could destroy the money collected from the tax and it would still improve the environment: the tax will discourage people from flying and encourage people to use alternatives, which helps the environment.
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Re:France to tax flights from its airports, airline shares fall by hedora on Tuesday July 09, 2019 @12:32PM (#20393566)
As I write this, I imagine people are rushing to their phones to cancel their transatlantic business class tickets because of the 18 euro surcharge.

I’ll be traveling via barge for the foreseeable future because of this tax.

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Re:France to tax flights from its airports, airline shares fall by skosch on Tuesday July 09, 2019 @12:53PM (#20393857)
All of this has been studied and modeled extensively. It's called elasticity of demand. The fact that professional trading firms are selling airline stock, pushing the price down, shows you that yes, this will indeed have an effect.
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Re:France to tax flights from its airports, airline shares fall by icebraining on Tuesday July 09, 2019 @02:30PM (#20395112)
The stock price of Air France barely took a hit, and already rebounded.
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Re:France to tax flights from its airports, airline shares fall by flexie on Tuesday July 09, 2019 @01:03PM (#20394006)
Yes, but that doesn’t ‘recover’ anything
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