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Europe’s largest low-cost airline Ryanair suffered a huge loss of more than 800 million euros in fiscal 188bet game 2021

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

The company’s passenger volume in fiscal 188bet game 2021 is 27.5 million，Nearly 1 from the previous fiscal 188bet game4.9 billion passengers, down 81%。

A report released by Ryanair, Europe’s largest low-cost airline, on the 17th，Affected by the epidemic，The company suffered a huge loss in fiscal 188bet game 2021 8.1.5 billion euros，And in the last fiscal 188bet game，The company’s profits exceed 1 billion euros。

Ryanair stated in the company’s annual report released that day，The 2021 financial 188bet game (ending 31 March 2021) is the most challenging 188bet game in Ryanair’s 35-188bet game history。Due to the new coronavirus epidemic，Most countries in Europe impose travel restrictions，Resulting in a cliff-like drop in the company’s passenger volume that 188bet game。Ryanair passenger traffic in fiscal 188bet game 2021: 27.5 million passengers，Nearly 1 from the previous fiscal 188bet game4.9 billion passengers, down 81%，The company’s revenue increased from 84% in the previous fiscal 188bet game.€900 million dropped to 16.400 million euros，Dropped as much as 81%。

Reported，The company’s business development in fiscal 188bet game 2022 still faces greater uncertainty，The passenger volume is expected to be between 5 million and 6 million in the first quarter of this fiscal 188bet game，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 188bet game’s tourist season，The company is likely to achieve breakeven in fiscal 188bet game 2022。

An analysis pointed out，Since 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。

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

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Ryanair Loss Low-cost airline