Budget airline says EU needs to step up ‘slow pace’ of Covid-19 vaccine rollout as traffic falls by 78%
Ryanair has warned it is hurtling towards an annual loss of nearly €1bn (£880m) as the budget airline struggles through the “most challenging’” year in its 35-year history.
The carrier said traffic had fallen by 78% in the final three months of 2020, comparedwith a year earlier, pushing the company to a €306m third-quarter loss. It partly blamed fresh restrictions and UK travel bans introduced in the week before Christmas, which meant passengers who would usually fly to see friends and family over the holidays stayed home.
