Cookie Consent by Free Privacy Policy website Ryanair reports Q1 loss of €273m as Easter travel cancelled
luglio 26, 2021 - Ryanair Holdings

Ryanair reports Q1 loss of €273m as Easter travel cancelled

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Ryanair Holdings plc today (26 July) reported a Q1 loss of €273m, compared to a PY Q1 loss of €185m. Features of this Q1 #performance included:

  • Q1 traffic rebounded from 0.5m to 8.1m as capacity recovered in May & June.

  • 1st B737-8200 “Gamechangerdelivered in June (12 for peak S.21).

  • Strong June cash balance of €4.06bn (up from €3.15bn at 31 Mar.).

  • €1.2bn 5-year unsecured bond issued in May at record low 0.875% coupon.

  • Net debt fell from €2.28bn at 31 Mar. to €1.66bn at 30 June (€850m bond repaid in June).

  • 379 new routes & 10 new bases announced for 2021.

  • Customer Advisory Panel appointed 1st meeting in Sept.

Further information in the press release to download

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