Ryanair narrows loss forecast for yr to end-March

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Ryanair narrows loss forecast for yr to end-March

DUBLIN, April 7 (Reuters) - Ryanair RYA.I on Wednes


DUBLIN, April 7 (Reuters)Ryanair RYA.I on Wednesday mentioned it anticipated to publish a smaller than anticipated loss within the yr to the top of March and mentioned the Irish airline anticipated to be “near breakeven” in its present monetary yr.

Europe’s largest low-cost service mentioned it anticipated a web lack of between 800 million euros and 850 million euros ($949 million-$1.01 billion) within the yr to March 31 in comparison with earlier steering of 850 million to 950 million.

It mentioned it anticipated visitors for the 12 months to the top of March 2022 to be in the direction of the decrease finish of its beforehand guided vary of 80 million to 120 million passengers, as a result of gradual rollout of COVID-19 vaccines within the European Union.

Ryanair is because of publish its annual outcomes on Might 17.

($1 = 0.8426 euros)

(Reporting by Conor Humphries; enhancing by Jason Neely)

(([email protected]; +35315001518; Reuters Messaging: [email protected]))

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