Ryanair expects end-of-year travel boom after disappointing spring
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Ryanair is expecting a boom in travel demand in the second half of the year. Following a forecast earlier this year that it would fly between 80 million and 100 million travellers, it now expects to fly 90 million to 100 million people until March 2022.
The increased estimate follows summer bookings that are above expectations and travel bookings picking up across EU nations. To the low-cost carrier, this indicates a return to travel even slightly better than expected.
The airline is still experiencing major losses. Eight million passengers boarded a Ryanair plane between April and June, with just a half-million in the same time last year. This upward trend is expected to continue, providing a promising outlook for the airline and the industry as a whole.
Ryanair Chief Executive Michael O’Leary is wary of the future, indicating that he is happy with the results but “this is dependent on the continued rollout of vaccines this summer and no adverse COVID variant developments.”
With the rollout of EU digital COVID certificates on 1 July and restrictions eased in the U.K., travel across has largely become easier. Also, since 19 July, fully vaccinated Brits can travel to all green and amber countries without having to quarantine on the return, making holiday trips a lot more accessible. The exception to that rule being France, which has fallen into the category dubbed “amber plus,” and still requires a 10-day quarantine on arrival in England.
Featured photo by @JJFarquitectos via Twenty20
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