The company, which has become the busiest carrier in the European region in recent years, says the quarter was the most difficult in its history. It suffered a loss of 185 million euros. The carrier described the second wave of Covid-19 as its "biggest fear."
Travel restrictions have led to a sharp decline in the number of travelers, with 500,000 in the first quarter, up from 41.9 million in the same period last year. The fall was 99%.
Ryanair shares fell 4% on Monday 27 July. Stock prices of other European travel companies also fell on concerns over new travel restrictions in Europe.
As we reported before, as of July 7, Ukrainians are allowed to enter the territory of 23 countries, including countries that require a visa
"There are only 23 countries that are open to Ukrainian citizens. These 23 countries include those that require a visa. That is, you can travel to it, but with a visa. And there are certain lockdown restrictions," the minister said.