Not surprisingly, the low-cost airline Ryanair flew deep red in the first half of its fiscal year. The group management puts the loss at 411 million euros, but this was "embellished" by a one-off effect, as the compensation paid by Boeing to the low-cost airline significantly reduced the deficit.

However, Ryanair expects the loss to widen significantly by the end of the fiscal year in March 2020. You do not want to make a prognosis due to the corona situation. Across the group, capacity was reduced to around 40 percent of the previous year's level, although further reductions cannot be ruled out.

CEO Michael O'Leary expects around 2021 million passengers by the end of March 38, although this forecast is only a rough estimate. The number could be revised down significantly if travel restrictions and demand continue to have a negative impact. In the last financial year, the Ryanair Group carried around 149 million passengers.

Ryanair is nevertheless convinced that it is ideally positioned for the "post Corona" period. Michael O'Leary suspects that the difficulties of many airlines will enable the group he heads to grow further. This should also be done with the help of the Boeing 737-Max 200, which brought the Irish low-cost airline around 250 million euros in damages. In the summer of 2021, Ryanair plans to use 30 of this type across the group. However, O'Leary wants to renegotiate the purchase price again, i.e. push it down.