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Ryanair doubles annual loss forecast on Omicron restrictions
© Cyprus Mail | Ryanair doubles annual loss forecast on Omicron restrictions

Ryanair (RYA.I) on Wednesday more than doubled its annual loss forecast and cut its January traffic estimate by 33 per cent, blaming travel restrictions in France, Germany and Morocco following the emergence of the Omicron variant of the coronavirus.

But it said it was too soon to say whether similar cuts would be required to its February and March schedules and would wait for further scientific data before making any decisions.
The Irish low-cost airline, Europe’s largest by pa….. Read More On: Cyprus Mail

Article Source: Cyprus Mail
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