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Asked on the sidelines of an A4E airlines conference about Ryanair’s loss forecast of 250-450 million euros for the year to March 31, CEO Michael O’Leary told Reuters: “we think we’ll be somewhere in the middle of that range”.
Asked whether the year to end-March 2023 could see a return to pre-pandemic profits around 1.5 billion euros, he said: “There’s a chance but it all depends on pricing. I mean, certainly our costs are reasonably robust for the next 12 months.”
