Ryanair reported H1 loss of €197 mln as traffic plunges 80%
The FINANCIAL — Ryanair Holdings plc reported a H1 loss of €197m, compared to a PY H1 profit of €1.15bn. Highlights of this 6-month period include: 99% of the fleet grounded from mid-March to end June. Successful return to service implemented 1 July. H1 traffic fell from 86m to 17m. Cost reduction measures implemented across business. Successful €1.25bn financing raised
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