The Guardian - Jasper Jolly

Airline’s chief says possibility of new coronavirus variant means it cannot forecast profit for rest of year

Ryanair has made its first spring profits since before the coronavirus pandemic as passenger numbers surpassed pre-Covid-19 levels, but warned of the risk of possible new virus variants in the autumn.

The Irish carrier made a profit before tax of €203m (£173m) between April and June, compared with a steep €325m loss in the equivalent period a year earlier. It said passenger numbers had risen to 45.5 million, 9% more than in 2019.

Full Article