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Authors of this article: Wang Jing, Zhang Qi 2021-05-19

The company’s passenger volume in fiscal year 2021 is 27.5 million，Nearly 1 from the previous fiscal year.4.9 billion visits, down 81%。

A report released by Ryanair, Europe’s largest low-cost airline, on the 17th，Affected by the epidemic，The company suffered huge losses in fiscal year 2021 8.1.5 billion euros，And in the last fiscal year，The company’s profits exceed 1 billion euros。

Ryanair stated in the company’s annual report released that day，The 2021 financial year (ending 31 March 2021) is the most challenging year in Ryanair’s 35-year history。Due to the new coronavirus epidemic，Most countries in Europe impose travel 188bet sports betting app download restrictions，Resulting in a cliff-like drop in the company’s passenger volume that year。Ryanair passenger traffic in fiscal year 2021: 27.5 million passengers，Nearly 1 from the previous fiscal year.4.9 billion visits, down 81%，The company’s revenue increased from 84% in the previous fiscal year.€900 million dropped to 16.400 million euros，Dropped as much as 81%。

Reported，The company’s business development in fiscal year 2022 still faces greater uncertainty，Passenger volume is expected to be between 5 million and 6 million in the first quarter of this fiscal year，It is very likely that the annual passenger volume will only reach the lower limit of the previous forecast，About 80 million people。The report also said，If vaccination progresses smoothly，European countries can relax intra-European travel restrictions in time for this year’s tourist season，The company is likely to achieve breakeven in fiscal year 2022。

An analysis pointed out，Since 188bet app download the outbreak，Budget airlines ground most international flights，Domestic flights face more fierce competition；At the same time，Large airlines’ cargo transportation business grew during the epidemic，And low-cost airlines lack large aircraft to develop transportation business，The impact was particularly severe。Looking to the future，It will take some time for international flights to resume，The financial situation of low-cost airlines may continue to be under pressure。

188bet online sports betting thisTextComeSource:Economic Information Newspaper, authors: Wang Jing, Zhang Qi, original title: "Ryanair’s huge loss exceeds 800 million euros in fiscal year 2021》.

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Ryanair Loss Low-cost airline