* Item includes READERS LETTERS

10 JANUARY 2022


Readers are invited to add their comments to any story. Click on the article to see and add.


BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.


Email this Page

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
© 2022 Business Travel News Ltd.

Article from BTNews 10 JANUARY 2022

Ryanair finance update

Dublin-based Ryanair says that its full-year net loss to the end of March 2022 is expected to be higher than previously forecast, as the Omicron Covid variant and subsequent travel restrictions continue to impact demand.

The group has lowered its full-year guidance from a net loss range of between €100m to €200m, to a new range of €250m to €450m.

Ryanair said that the Omicron Covid variant and recent government travel restrictions across Europe had “notably weakened close-in Christmas and New Year bookings,” causing the carrier to cut its planned January 2022 schedule capacity by 33%.

The airline added that “In light of the current uncertainty about the Omicron variant, and intra Europe travel restrictions, no schedule cutbacks have yet been decided for February or March 2022.”

“These schedules will be revisited in January as more scientific information becomes available on the Omicron variant, its impact on hospitalisations, European population and/or travel restrictions in February or March,” Ryanair added.


Index/Home page

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum

No one has commented yet, why don't you start the ball rolling?

Add your comment

First Name
Email Address
Company (Not obligatory)
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.