Ryanair logs annual profit but warns on virus chaos

AFP

2020/05/18 | 532 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Ryanair logs annual profit but warns on virus chaos © Le Journal de l'Aviation - All rights reserved

Irish no-frills airline Ryanair said Monday that net profits climbed to 1.0 billion euros ($1.07 billion) in its 2019/2020 financial year, which ended just after coronavirus grounded planes worldwide.The Dublin-based carrier warned however that it now faces a "difficult" year, with less than one percent of flights operating since the start of April as a result of the deadly COVID-19 outbreak. Profit after taxation excluding exceptional items rose 13 percent to 1.0 billion euros in the year t...(…)

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