Ryanair today kicked off a big week of corporate earnings by warning that it has “zero visibility” for later in its financial year.
The Dublin-based low-cost airline reported an improvement in first quarter profits to 170 million euros (£145 million) following the release of pent-up demand after Covid.
However, it added: “We have limited visibility into the second half of Q2 and almost zero visibility into H2, when we are typically loss making.”
