Ryanair : A lack of visibility but the stance is reassuring
>Q1 2020-21 slightly better than expected - Ryanair's Q1 2020-21 figures (to end-June), reported yesterday, slightly beat consensus expectations, with a net loss of € 185m vs -€ 232m for the consensus (vs a net result of € 243m for the previous year), on sales down 95% at € 125m (including revenue from unused tickets). FCF consumption came in at -€ 484.6m, with -€ 137.4m of capex As expected, Ryanair is not giving detailed guidance for FY 2020-21 but it anticipat...Ryanair Holdings is a holding company. Through its subsidiaries, Co. operates an ultra-low cost, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the U.K., Continental Europe, and Morocco. Co. offers over 2,000 scheduled short-haul flights per day serving approximately 210 airports throughout Europe, and flying approximately 1,600 routes. In addition, Co. provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.
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