Press release
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july 26, 2021 - Ryanair Holdings
Ryanair reports Q1 loss of €273m as Easter travel cancelled
Ryanair Holdings plc today (26 July) reported a Q1 loss of €273m, compared to a PY Q1 loss of €185m. Features of this Q1 #performance included:
Q1 traffic rebounded from 0.5m to 8.1m as capacity recovered in May & June.
1st B737-8200 “Gamechanger” delivered in June (12 for peak S.21).
Strong June cash balance of €4.06bn (up from €3.15bn at 31 Mar.).
€1.2bn 5-year unsecured bond issued in May at record low 0.875% coupon.
Net debt fell from €2.28bn at 31 Mar. to €1.66bn at 30 June (€850m bond repaid in June).
379 new routes & 10 new bases announced for 2021.
Customer Advisory Panel appointed – 1st meeting in Sept.
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