Ryanair said it suffered the "most challenging" quarter in its 35-year history as it reported a loss of £168 million. The low-cost airline, like its competitors, was forced to ground its fleet as Covid-19 wreaked havoc on timetables with travel bans and lockdowns introduced worldwide.
It said a second wave of the disease was now its "biggest fear". Restrictions saw the company carry 500,000 passengers in the first quarter compared with 41.9 million in the same period last year, while revenue collapsed from £2.1 billion to £113million.
The company said: "The past quarter was the most challenging in Ryanair's 35-year history. "Covid-19 grounded the group's fleet for almost four months (from mid-March to end June) as EU governments imposed