{"id":236556,"date":"2020-07-28T06:59:00","date_gmt":"2020-07-28T04:59:00","guid":{"rendered":"http:\/\/www.travelreport.se\/?p=236556"},"modified":"2024-02-02T12:37:30","modified_gmt":"2024-02-02T12:37:30","slug":"ryanairs-loss-is-huge-but-now-the-company-is-increasing-flights","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/brakforlust-for-ryanair-men-nu-okar-bolaget-flygningarna\/","title":{"rendered":"A loss for Ryanair \u2013 but now the company is increasing flights"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2016\/04\/ryanair-aircraft-12-1024x681.jpg\" alt=\"\" class=\"wp-image-227387\"\/><figcaption>Photo: Ryanair<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The past quarter was the toughest yet for Ryanair. But now things are turning around, according to the company, which expects passenger traffic for the full year to decline by &quot;only&quot; 60 percent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Irish airline reported a net loss of \u20ac185 million, equivalent to approximately SEK 1.9 billion, for the April-June period, the first quarter of the company&#039;s financial year. This compares with a profit of \u20ac243 million in the same period last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Revenue fell by 95 percent to 125 million euros and the number of passengers plummeted by 99 percent \u2013 only half a million people flew with Ryanair during the period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the interim report, the company writes that the past quarter was the most challenging in Ryanair&#039;s 35-year history due to the corona pandemic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But at the end of June, Ryanair was able to start resuming flights and they are expected to gradually increase over the next few months from 40 percent of normal levels in July to 60 percent in August and \u2013 hopefully, the company writes \u2013 70 percent in September. Passenger traffic for the whole year is expected to decrease by 60 percent to 60 million people.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the report, Ryanair also takes the opportunity to criticize the &quot;illegal state aid&quot; that a number of EU governments have directed at national airlines, including the support for Swedish SAS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: TT<\/p>","protected":false},"excerpt":{"rendered":"<p>Det g\u00e5ngna kvartalet var det tuffaste hittills f\u00f6r Ryanair. Men nu v\u00e4nder det, enligt bolaget, som r\u00e4knar med att hel\u00e5rets passagerartrafik \u201dbara\u201d minskar med 60 procent. Det irl\u00e4ndska flygbolaget redovisar en nettof\u00f6rlust p\u00e5 185 miljoner euro, motsvarande cirka 1,9 miljarder kronor, f\u00f6r perioden april\u2013juni, som \u00e4r det f\u00f6rsta kvartalet i bolagets r\u00e4kenskaps\u00e5r. Det kan j\u00e4mf\u00f6ras [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[85,224],"class_list":["post-236556","post","type-post","status-publish","format-standard","hentry","category-travel-report","tag-flyg","tag-ryanair"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brakf\u00f6rlust f\u00f6r Ryanair \u2013 men nu \u00f6kar bolaget flygningarna &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"Brakf\u00f6rlust f\u00f6r Ryanair \u2013 men nu \u00f6kar bolaget flygningarna \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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