Ryanair CEO Michael O'Leary strongly criticized the United Kingdom government's decision to raise aviation passenger taxes, stating that this will disrupt growth and prompt Europe's largest low-cost airlines to move their business to more accommodating countries such as Italy or Sweden. O'Leary said that the new Labour government first promised to support the economy, and then raised travel taxes a few months after taking office, which is simply 'crazy.' 'If this foolish Chancellor thinks the way forward is to increase air travel taxes, then the UK has lost the opportunity for growth,' O'Leary said in a television interview on Monday, 'You must be crazy to do such a thing.' O'Leary stated that as a result of this, the airline plans to redeploy the capacity of 5 million passengers from the UK to other markets that are reducing aviation taxes, including Hungary, Sweden, and Italy.