After reporting FY20 results that beat the market, the group warns about the challenging market conditions for FY21. Nevertheless, seeing its leading management of costs and more-than-sufficient liquidity reserves, along with the progressive relaxation of travel restrictions in Europe, we are convinced by Ryanair’s promising outlook.
19 May 2020
Remaining buoyant amidst the pandemic shock
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Remaining buoyant amidst the pandemic shock
Ryanair Holdings Plc (0RYA:LON) | 1,805 0 0.0% | Mkt Cap: 20,553m
- Published:
19 May 2020 -
Author:
Yi Zhong -
Pages:
3
After reporting FY20 results that beat the market, the group warns about the challenging market conditions for FY21. Nevertheless, seeing its leading management of costs and more-than-sufficient liquidity reserves, along with the progressive relaxation of travel restrictions in Europe, we are convinced by Ryanair’s promising outlook.