Ryanair reported a full year loss of €815m (excl. hedge ineffectiveness), compared to a PY profit of €1,002m.
Features of FY21 included:
Features of FY21 included:
- FY21 traffic fell 81% from 149m to 27.5m due to Covid-19 restrictions.
- Liquidity preservation prioritised with €3.15bn cash at year end (31 Mar.).
- Cost reductions implemented across all Group airlines.
- Unprecedented backlog of Covid customer requests/refunds processed
- B737-8200 “Gamechanger” firm order increased to 210 aircraft (from 135).