00:00My name is Jason McGuinness. I'm Chief Commercial Officer in Ryanair. I'm here in Sardinia this morning, unfortunately with not
00:05good news for a change, to announce that we will be reducing our Sardinian schedule for winter 23 by approximately
00:1210%, cancelling three routes and reducing capacity on seven routes.
00:16Regrettably, this is entirely due to the illegal price cap decree that the Italian government are trying to bulldo through
00:23at the moment and an uncompetitive municipal tax chart.
00:27We've said to the Italian government this morning, please immediately rescind this illegal price cap decree so we can get
00:33on with growing Italian tourism.
00:35We've made a proposal to the Italian government to add an additional 40 based aircraft to Italy over the next
00:40number of years, an investment of $4 billion that would create an additional 20,000 annual passengers and create up
00:47to 20,000 jobs.
00:48Instead of responding to Ryanair on our transformational growth proposal, the government is coming up with a legal price cap
00:54decree.
00:55It is incumbent on the government to immediately rescind this illegal price cap decree and speak to Ryanair about growing
01:01Italian tourism.
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