{"id":382037,"date":"2020-11-03T09:15:31","date_gmt":"2020-11-03T03:45:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=382037"},"modified":"2020-11-03T12:11:44","modified_gmt":"2020-11-03T06:41:44","slug":"ryanair-sinks-into-first-half-loss-on-coronavirus-fallout","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ryanair-sinks-into-first-half-loss-on-coronavirus-fallout\/","title":{"rendered":"Ryanair sinks into first-half loss on coronavirus fallout"},"content":{"rendered":"<p>Irish no-frills airline Ryanair said Monday that it sank into a net loss in the first half of its financial year, as coronavirus savaged demand and grounded planes worldwide.<\/p>\n<p>Ryanair said it suffered a loss after taxation of 197 million euros ($229 million) in the six months to the end of September, which contrasted with a year-earlier net profit of 1.15 billion euros.<\/p>\n<p>&#8220;Covid-19 grounded the group&#8217;s entire fleet from mid-March to the end of June as EU governments imposed flight or travel bans and widespread population lockdowns,&#8221; the Dublin-based carrier said in a results statement.<\/p>\n<p>Revenue meanwhile tanked by 78 per cent to 1.2 billion euros as traffic nosedived 80 per cent to 17.1 million passengers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Irish no-frills airline Ryanair said Monday that it sank into a net loss in the first half of its financial year, as coronavirus savaged demand and grounded planes worldwide. Ryanair said it suffered a loss after taxation of 197 million euros ($229 million) in the six months to the end of September, which contrasted with a year-earlier net profit of 1.15 billion euros. &#8220;Covid-19 grounded the group&#8217;s entire fleet from mid-March to the end of June as EU governments imposed flight or travel bans and widespread population lockdowns,&#8221; the Dublin-based carrier said in a results statement. Revenue meanwhile tanked by [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-382037","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=382037"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382037\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=382037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=382037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=382037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}