The UK economy is “doomed” under the Labour government, the boss of Ryanair has said before this month’s budget, as the airline revealed a jump in first half profits. “The UK economy under the current leadership is doomed,” he said. APD is a tax levied on flights departing from UK airports, though carriers typically pass on the cost to passengers through higher fares. The tax is expected to rise on 1 April, adding up to £2 to the cost of a short-haul economy flight. Ryanair flew 119 million people in the period, up 3%, thanks to more Boeing aircraft deliveries than expected and strong demand for travel.