Ryanair blasts rivals rivals“unlawful” state aid as it falls to Q1 loss

Ryanair used its annual results to launch a broadside against what it views as unlawful state aid to its European rivals as the Irish carrier plunged to a $200 million loss in the first quarter of 2020. Total revenues for Ryanair for the full year up to the end of March 2020 were €8.49bn a 10 % increase on 12 months’ earlier but the impact of COVID 19 saw it record a $200 million loss for the last three months as it operated less than 1% of scheduled flights due to flight bans. These groundings reduced its March and full