Ryanair Sees `Risk to the Downside' With New Travel Curbs

The transcript discusses Ryanair's challenges and strategies during the COVID-19 pandemic. It covers the impact of lockdowns on capacity and financial performance, the importance of testing and government policies, and Ryanair's financial strategy to maintain liquidity. The discussion also highlights future opportunities, including market share growth and cost reduction, as the airline anticipates a rebound in travel demand post-pandemic.

What percentage of the previous year's winter schedule is Ryanair operating this year?

• 30%

• 40%

• 60%

• 50%

What is Ryanair's expectation regarding the availability of a COVID-19 vaccine?

• By the end of Q1 2021

• By the end of 2020

• By the end of 2021

• By the end of Q2 2021

What does Ryanair believe is crucial for managing the virus before a vaccine is widely available?

• Increased lockdowns

• Travel restrictions

• Economic stimulus packages

• Widespread rapid testing

How much cash did Ryanair have at the end of the half year?

• 5.5 billion

• 3.5 billion

• 2.5 billion

• 4.5 billion

What is Ryanair's strategy to gain market share post-COVID-19?

• Increase ticket prices

• Reduce operational costs and offer lower fares

• Expand long-haul flights

• Focus on domestic travel

What financial strategy has Ryanair avoided during the crisis?

• Issuing new shares

• Taking government loans

• Reducing workforce

• Sale and leaseback of aircraft

What is Ryanair's expectation for short-haul travel in Europe post-pandemic?

• It will rebound strongly

• It will remain the same

• It will decline

• It will shift to long-haul