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Ryanair prepares price cuts as it warns of ‘hugely uncertain’ financial outlook
Irish airline made loss of €96m in last three months of 2021 but plans more flights than before pandemic
Ryanair has warned of a “hugely uncertain” financial outlook, even as the budget airline geared up to run more flights this summer than before the coronavirus pandemic struck.
The Irish-listed carrier made a loss of €96m (£80m) in the last three months of 2021, although that was a significant improvement over the €321m loss in the same period in 2020, when strict international travel restrictions were still in place. Revenues quadrupled compared with last year, it said in its third-quarter results update.
Read the original article at The Guardian