Ryanair posts record loss, but airline says that recovery ‘has begun’ – TheLiberal.ie – Our News, Your Views

Ryanair posts record loss, but airline says that recovery ‘has begun’





Budget airline Ryanair has today posted a record loss, but added that recovery ‘has begun.’

Ryanair’s after-tax loss of €815m comes in the wake of thousands of flights canceled due to the pandemic.

According to a statement however, the airline is seeing a marked increase in bookings week to week, so there is ‘cautious optimism’ that things will improve towards the end of the year once vaccination programs have been fully rolled out.

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