The carrier said the emergence of Omicron in late November and “media hysteria it generated in December” significantly weakened Christmas and new year bookings and fares.
“As a result, December traffic slowed to just 9.5 million, with a lower 81% load factor, well behind the expected target of 11 million guests.”
Ryanair was detailing its third quarter results, with a net loss of €96 million for October, November and December. The figure is an improvement on the €321 million lost in the same period last year. Load factors overall averaged 84%.
