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Ryanair reports record £701m loss as Covid forces it to slash flights

  Airline says vaccine rollout will help it recover from the ‘most challenging’ time in its history * Coronavirus – latest updates * See all our coronavirus coverage Ryanair has posted the biggest annual loss in the company’s 35-year history, after Covid travel restrictions and national lockdowns nearly wiped out traffic last year. The airline swung to an €815m (£701m) loss in the 12 months to 31 March, compared with a €1bn profit a year earlier, after passenger numbers plunged 81% in what it said was its “most challenging” year to date. Continue reading... .. Full story on theguardian.com 

ryanair, covid, reports, record, forces, flights Image source : theguardian.com
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