Ryanair expecting ‘most challenging year’ as airline industry faces Covid-19

Ryanair has announced a third quarter loss (Niall Carson/PA)

Ryanair said it is braced for “the most challenging year” in its 35-year history and expects to post a full-year loss of nearly €1 billion.

The low-cost carrier said coronavirus continues to “wreak havoc across the industry” and is “cautiously guiding an FY21 net loss (pre-exceptional items) of between €850m and €950m.”