Ryanair cautious about 'fragile' recovery
Wednesday, 18 May 2022
DUBLIN, May 17 (Reuters): Ryanair said on Monday it was impossible to give detailed 2022 guidance beyond hoping for a return to "reasonable profitability" amid uncertainties over Covid-19 and the Ukraine war.
Europe's largest airline by passenger numbers also became the latest Boeing customer to criticise the planemaker. Chief Exe-cutive Michael O'Leary said its management needed to step up and deliver aircraft more quickly or make way for a new team.
Ryanair posted a 355 million euro ($369 million) loss for the pandemic-scarred 12 months to March 31 and said it planned to grow traffic to 165 million passengers this year from 97 million a year ago.