Ryanair share price suffers sharp drop after it releases pessimistic traffic outlook
Shares in Ryanair tumbled 8% as a consequence of Europe’s largest low-cost carrier announcing that it has reviewed its annual passenger target downwards by 25%, despite the figures for the lockdown quarter of April-June coming through at better-than-expected levels. Having cut 99% of its capacity as a consequence of the COVID-19 pandemic, the carrier posted […]
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