Ryanair sees summer recovery on vaccines but warns over Cork Airport

Airline did not see a strong recovery at Cork because he said the airport needed to lower access costs

In its most recent third quarter through Christmas, Ryanair said it had a loss of €306m. Picture: Larry Cummins

Ryanair chief Michael O’Leary is predicting a recovery for European aviation this summer but only after “a write-off” Easter as it awaits for the roll-out of vaccinations but warned that full recovery of its services at Cork Airport could be delayed.

Citing the continuing uncertainty of Covid restrictions, the airline cut its forecast for passenger numbers to between 26 million and 30 million and forecast a net loss of up to €950m for its full 2021 financial year.