RYANAIR REPORTS Q1 LOSS OF €185M AS TRAFFIC FALLS BY 99% – COVID-19 GROUNDS 99% OF FLEET – 40% OF FLIGHTS RESUME 1 JULY

Ryanair Holdings plc today (27 July) reported a Q1 loss of €185m, compared to a PY Q1 net profit of €243m. Highlights of Q1 include: Over 99% of the fleet grounded from mid-March to end June. Q1 traffic fell from 42m to 0.5m. Group airlines operated repatriation, rescue & medical emergency flights. Cash preservation prioritised […]

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