Jul 27, 2020

Ryanair swings to loss in 'challenging' pandemic

EPA Ryanair plunged into loss in the first three months of the financial year after what it called the most challenging period in its history. With more than 99% of its fleet grounded because of the pandemic, the airline reported a loss of €185m over the April-to-June period. That compared with a profit of €243m a year earlier. Ryanair said it expected to clear more than 90% of refunds for cancelled flights by the end of July.

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