The low-cost airline said Monday that its next fiscal 12 months 'will be a very challenging year.'
Analysts polled by Refinitiv were expecting a net loss of 205 million euros for the quarter ending June 30.The Irish firm said that it expects traffic to drop by 60% in 2020/2021, but the uncertainty around the pandemic doesn't allow it to provide further guidance for the year.
Analysts polled by Refinitiv were expecting a net loss of 205 million euros for the quarter ending June 30."It is impossible to predict how long the Covid-19 pandemic will persist, and a second wave of Covid-19 cases across Europe in late autumn is our biggest fear right now," Ryanair said in a statement.
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