The Guardian

Ryanair has more than doubled its annual loss forecast and cut its January traffic estimate by one-third in response to travel restrictions imposed after the emergence of the Omicron variant.

The Irish airline, Europe’s largest by passenger numbers, said it expected a net loss of between €250m (£212m) and €450m in the year to the end of March. That compares with a previous forecast of a loss of €100m–€200m.

Full Report