O’Leary sees strong summer peak but cautions recovery is still ‘fragile’

Ryanair group chief executive Michael O'Leary

Source: APA PictureDesk GmbH/Shutterstock

Ryanair chief executive Michael O’Leary says the carrier is reluctant to offer profit guidance for the coming financial year based on the “fragile” nature of the travel industry’s recovery and the potential for future headwinds such as a recession or a resurgence of Covid-19.

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