Ryanair has warned it expects a loss of almost £300m as passenger numbers remain below pre-pandemic levels.
The budget airline today issued new guidance for the financial year as it said bookings had “recovered strongly” but were still more than a third below pre-Covid figures.
The Dublin-based company said it will report a net loss of between 350m euros (£294m) and 400m euros (£336m) for the year to the end of March. Ryanair had previously guided the market to a loss of between 250m euros (£210m) and 450m euros (£378m).
