Ryanair Reports Q3 Loss Of €306m As Traffic Falls 78%
COVID-19: Covid-19 continues to wreak havoc across the industry. Christmas & New Year traffic was severely impacted by UK travel bans imposed at short notice by many EU Govts on 19 & 20 Dec. These flight bans, and travel restrictions, saw the Groupâs Dec. traffic fall by 83% to just 1.9m passengers. As announced on 7 Jan., Ryanair expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter. The Groupâs full-year (FY21) traffic forecast was therefore reduced to âbetween 26m to 30mâ passenger...
Source: centreforaviation.com