Ryanair has warned of a “fragile” recovery in airline passenger numbers after Russia’s invasion of Ukraine and the Omicron coronavirus variant pushed it to a €355m loss for the financial year.
The Irish airline would aim for a “return to reasonable profitability” over the financial year to March 2023, it said on Monday, after it lost €1.4bn (£1.2bn) during the first two pandemic-affected financial years.
