Ryanair reports loss of €273 million yet anticipates ‘strong recovery’

Michael O’Leary says he has ‘never seen in 30 years the amount of growth potential’ at the airline

26th July, 2021
Ryanair reports loss of €273 million yet anticipates ‘strong recovery’
Ryanair’s debt was down to €1.66 billion at the end of last month, compared to €2.28 billion at the end of March. Picture: Rollingnews.ie

Ryanair reported a loss of €273 million for the first quarter of its 2022 financial year, compared to a €185 million loss for the same period of time last year.

At the same time debt was down to €1.66 billion at the end of last month, compared to €2.28 billion at the end of March; passenger numbers passed the 8 million mark in May and June; and 379 new routes and ten new bases were announced.

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