Published 2 years ago

Ryanair cautious about 'fragile' recovery after smaller annual loss

Summary by Ground News

Ryanair said net losses for the year to the end of March came in at €355m (£302m) - down from €1bn over the previous 12 months. Europe's largest airline has reported an easing in annual losses but warned its return to profitability remains clouded by "fragile" demand.

0 Articles

All

Left

Center

Right

BBC News

Ryanair warns flight prices to Europe will rise this summer

Michael O'Leary warns high demand for European beach holidays will mean price rises.

2 years ago·United Kingdom

Read Full Article

The Guardian

Ryanair warns of ‘fragile’ recovery as Ukraine war and Covid push it to loss

Michael O’Leary says airline hopes to return to ‘reasonable profitability’ but declines to make forecasts

2 years ago·London, United Kingdom

Read Full Article

The Independent

Ryanair cuts losses by two-thirds – but still lost £10 per second for a year

‘Show up earlier and allow plenty of time to get through security, particularly at Manchester’ – Michael O'Leary’s advice to passengers this summer

2 years ago·London, United Kingdom

Read Full Article

Reuters

Ryanair cautious about 'fragile' recovery after smaller annual loss

Ryanair said on Monday it was impossible to give a detailed forecast beyond hoping to return to "reasonable profitability" this year amid uncertainties over COVID-19 and the Ukraine war, after posting a smaller annual loss.

2 years ago·United Kingdom

Read Full Article