Ryanair doubles annual loss forecast on Omicron

London, Dec 22 (AFP/APP):Low-cost airline Ryanair said Wednesday that the Omicron coronavirus variant would have a strong impact on its financial performance as it more than doubled the forecast for its annual loss.

The Irish airline now expects a loss of between 250 to 450 million euros ($283-510 million) in its financial year that runs through March 2022, up from an earlier forecast of 100 to 200 million euros.

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