Business

Ryanair slashes annual traffic forecast as fresh lockdowns hit

Europe's largest low-cost carrier Ryanair Holdings on Thursday slashed its annual traffic forecast to below 30 million passengers due to fresh lockdowns in the United Kingdom and Ireland as a result of a highly contagious new coronavirus variant.

FILE PHOTO: A Ryanair plane takes off from Manchester Airport as the spread of the coronavirus dise
FILE PHOTO: A Ryanair plane takes off from Manchester Airport. Picture taken June 21, 2020. REUTERS/Phil Noble

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REUTERS: Europe's largest low-cost carrier Ryanair Holdings on Thursday slashed its annual traffic forecast to below 30 million passengers due to fresh lockdowns in the United Kingdom and Ireland as a result of a highly contagious new coronavirus variant.

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Ramakrishnan M.)

Source: Reuters