© Archyde.com/CLODAGH KILCOYNE
The Ryanair logo at their headquarters in Dublin
DUBLIN, April 4 (Archyde.com) – Irish airline Ryanair lowered the range of its annual loss forecast on Monday, saying it expects a net loss of 350-400 million euros ($386-441 million) for the year until March 31, 2022.
Europe’s largest low-cost airline had previously targeted the market for a loss of between €250 million and €450 million.
The airline also said it has increased its fuel coverage to 80% by 2023.
(1 dollar = 0.9060 euros)
(Reporting by Graham Fahy; Editing by David Goodman; Translation by Flora Gómez)
