Travel restrictions imposed after the appearance of the Omicron variant could lead to a net loss of between € 250 million and € 450 million for the Irish airline Ryanair, which has been forced to revise its profit forecast for the year downwards. year ending at the end of March.
The largest carrier in Europe in terms of number of passengers announced in a statement these figures which are more than double the initial forecasts which were between 100 and 200 million euros.
The company also cut its January traffic estimates by a third, as it slashed its December passenger forecast to 9 / 9.5 million from 10 to 11 million previously.
Ryanair pointed to the travel bans imposed after the appearance of the Omicron variant of the coronavirus, specifying that it will wait until next month to revise its programs for February and March, “as scientific information becomes available on the variant , its impact on hospitalizations and the European population as well as on travel restrictions ”.
The Irish company now expects to carry just under 100 million passengers during the rest of the year through the end of March, noting, however, that “these numbers are extremely sensitive to any further flow of positive or negative information. negative on the Covid ”.