Ryanair with ″very strong″ bookings for summer in Portugal given the situation
Ryanair has “very strong” reservations for flights to Portugal this summer, considering that Portuguese beach tourism will be “one of the beneficiaries” of the post-pandemic recovery and the geopolitical guarantees by the war in Ukraine, given the location.
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“Right now, bookings for places like Portugal and Spain […] are very strong for this summer. The beaches of Western Europe will be the main beneficiaries of both the recovery from covid-19 and the war in Ukraine”, declares the executive president of the Ryanair group, Michael O’Leary, in an interview with Agência Lusa, in Brussels.
So “there will be fewer people to travel in Eastern Europe and more people in Western Europe, but I don’t have numbers yet”, adds the head of the Irish low-cost airline.
According to Michael O’Leary, before the start of the Ukraine war, Ryanair had hoped to increase air transport across Europe this year to 10% above pre-pandemic levels, but there is a risk that “this target will not be hit”.
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“Before Covid-19, we transported 149 million passengers and we expected 175 million passengers to be transported this year, but the number is very fragile” and depends “if there is bad news in Ukraine or about Covid-19 next winter”, he acknowledges. this number is very fragile.
In Portugal, Ryanair is convinced of an operational activity superior to the pre-pandemic.
“It will grow from the levels of traffic before covid-19”, predicts Michael O’Leary, also remembering the new base with two aircraft in Madeira.
The pandemic sector having been, one of the millions of employees by the family
But with 52.5% with the full resistance review scheme, the air sector already with the resistance reduction war scheme, the sector already with the EU government, with the additional dose of resistance, the sector already with the EU government, with the additional light dose of resistance, which is already with the federal government of Ukraine.
Russia has released a death in number of children14 in Russia24February of a UN fewer children1 in Ukraine than at least 11 children, among which 14, according to the most recent of the UN, 935, among which 14, according to the most recent of the UN number of civilian casualties be much higher.
Geopolitical issues due to the Ukraine war also put pressure on energy prices, in a sector that was already in crisis even before the confrontation.
The mismatched prices have compounded in recent weeks and reached decade highs due to reduced supply prices from the latest Russian invasion of Ukraine.
This increase in impulses also the increase in the pandemic, which is still trying the consequences of covid-19 can result in consequences.
Fuel represents up to 35% of airlines’ operating costs.
The latest international indications indicate that 2023 or 2024 airlines do not show profits until 2024 at best.