Ryanair CEO says recovery remains fragile, risks remain

LONDON (Reuters) – Ryanair is continuous to expertise a really sturdy restoration however it stays fragile and might be knocked off target by exterior developments, Group Chief Govt Michael O’Leary mentioned on Tuesday.

“Whereas our restoration and progress could be very sturdy, it’s nonetheless very fragile and is vulnerable to falling over within the case of antagonistic outdoors developments,” Group Chief Govt Michael O’Leary instructed a information convention in London.

It “appears like we’re on observe” to report a median of 4% empty seats per flight for the month of August, the identical stage as July, he mentioned.

(Reporting by Muvija M; Writing by Conor Humphries)