Ryanair Holdings

Lowers winter guidance; still about recovery into 2022

  • Sectors : Airlines
  • Companies : Ryanair Holdings

Ratings and price correct at time of issue.

  • Ryanair Holdings

    Closing Price: 1539c

  • RATING 07/12/09

  • PREVIOUS RATING 02/11/09



Ryanair announced that it was lowering its FY22 guidance from a previous net loss range of €100-200m as the Omicron COVID variant and recent government travel restrictions across Europe have notably weakened close-in Christmas and New Year bookings. This has also caused Ryanair this week to cut its planned January schedule capacity by 33%. Note a full schedule is in place for FY23 (summer 2022) with 65 new Boeing 8200 aircraft coming in what Ryanair believes will be a strong recovery. Q3 results will be issued on January 31st.

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Dec 22 2021, 16:40 GMT