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Ryanair reports £700million loss after losing 80% of passengers during pandemic

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www.mirror.co.uk

Ryanair has reported a full year loss of £702million as traffic fell 81% during the Coronavirus pandemic. The Irish carrier said passenger numbers collapsed from 149million the year before to just 27.5million during the outbreak, which resulted in almost a year of travel bans for UK passengers.

Ryanair said its fortunes were hit by the COVID-19 pandemic as "European govts (with little notice or co-ordination) imposed flight bans, travel restrictions and national lockdowns".

It described the financial year as "the most challenging" in the firm's 35-year history due to the pandemic. Ryanair added that while it saw a partial recovery last summer, "constantly changing" guidelines made operation difficult for its staff as the airline came under

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