According to Singapore's "Lianhe Zaobao" report on July 28，Affected by the new coronavirus epidemic，Europe’s largest low-cost airline Ryanair suffered a second quarter net loss of 1.8.5 billion euros。

Reportedly，U.S. Consumer News and Business Channel reported that Ryanair released its financial report on Monday，The airline posted a net loss 188bet login quarter ended June 301.8.5 billion euros，The performance of the same period last year was net profit 2.4.3 billion euros。

Ryanair revenue increased from 23% in the same period last year.100 million euros plummeted to 1.€2.5 billion。As of June 30，The company also has more than .9 billion in cash。

Ruian said，After gradually resuming flights on July 1，Loss is expected to narrow in the second quarter。But due to the uncertainty caused by the epidemic，Currently unable to provide full-year performance guidance。The company stated，It is expected that the transportation capacity in July 188bet login 40% of the normal level，It 188bet login increased to 60% in August，It will increase to about 70% in September。

The company also stated，It is expected that passenger traffic in this fiscal year 188bet login decrease by 60% compared with the previous fiscal year，To 60 million visitors。

Previously reported by Bloomberg，Plummet air travel demand and border restrictions due to COVID-19，Airlines around the world have slashed flights。Data is displayed，About 400,000 airline employees around the world have been laid off、Forced vacation，Or be told that you 188bet login lose your job。Among，British Airways、Lufthansa、 Companies such as Emirates and Qantas have announced thousands of layoffs or unpaid furlough plans。

*Source of this 188bet login: China-Singapore Jingwei,Original title:《Europe’s largest low-cost airline posted a net loss 188bet login quarter 1.8.5 billion euros》.