Ryanair has said it needs to continue to discount its fares over the coming months amid what it is calling a “hugely uncertain outlook”. In the last three months of 2021, the airline reported losses of £80 million.
At the start of the week, Boeing airlines and other travel stocks improved after health experts shared early signs that the omicron coronavirus variant may be causing milder symptoms than the delta strain.
Business travel was brought almost entirely to a halt by the coronavirus pandemic. For many of those who have to travel for work on a regular basis, this may have come as something of a relief. As necessary as they often are, business trips…
On Friday, shares in travel and aviation companies, including IAG, EasyJet, and aero-engine maker Rolls-Royce, fell amid fears that a new coronavirus variant could lead to a fresh wave of pandemic restrictions around the globe.