Ryanair Doubles Fiscal Year Loss Guidance, Citing Omicron Impact
Credit: Horacio Villalobos-Corbis/Corbis/Getty Images
Ryanair is bracing for a significantly larger fiscal 2022 net loss, citing new omicron variant-related travel restrictions and weaker bookings, and warned it has already cut January 2022 capacity by a third. Ryanair had been expecting a net loss ranging from €100-200 million ($113-226 million) for...
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