Ryanair issued more pessimistic FY capacity expectations, warning the possibility of a further downgrade in the case of a second wave of COVID-19 outbreaks. This, along with the recent reintroduction of quarantine rules/travel warnings in several European countries/areas, led its share price to fall by more than 5% today.
27 Jul 2020
Outperformed Q1 loss but worsened near-term outlook
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Outperformed Q1 loss but worsened near-term outlook
Ryanair Holdings Plc (0RYA:LON) | 1,776 301.9 1.0% | Mkt Cap: 20,247m
- Published:
27 Jul 2020 -
Author:
Yi Zhong -
Pages:
3
Ryanair issued more pessimistic FY capacity expectations, warning the possibility of a further downgrade in the case of a second wave of COVID-19 outbreaks. This, along with the recent reintroduction of quarantine rules/travel warnings in several European countries/areas, led its share price to fall by more than 5% today.