Page 10 - Irish Examiner USA
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businessexaminer
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           2020  Heathrow Airport                                                                     Past Quarter Was ‘The Most

           29th,                                                                                         Challenging In Ryanair’s

           July  Operator Demands                                                                               35-Year History’

           |  End To ‘Quarantine
           EXAMINER






           IRISH  Roulette’                                          be nothing more than a cam-
                 he
                        operator
                                    of
                                        in the UK from there spend 14
                 Heathrow airport has   days in quarantine.          paign slogan.”
            Turged the UK govern-          Heathrow’s     passenger    One idea floated is for pas-
            ment to stop imposing “quar-  numbers were down 96% year  sengers to be tested on arrival
            antine roulette” on travelers  on year between April and  before being tested again a
            as it announced a pre-tax loss  June.                    number of days later to con-
            of £1.1 billion (€1.2 billion) in  It made a pre-tax loss of  firm they are not infected with
            the first six months of the  £1.1 billion in the first six  the virus. A second test could  Ryanair suffered the “most challenging” quarter in its 35-
            year.                       months of 2020, down from a  allow their quarantine to be  year history as it reported a loss of €185 million.
              Chief   executive   John  £7 million profit in the same  shortened under the proposal.  The low-cost airline, like its competitors, was forced to
            Holland-Kaye said the finan-  period a year ago.           Government advisers have
            cial results “should serve as a  This came on revenue of  warned it can take a number  ground its fleet as Covid-19 wreaked havoc on timetables
            clarion call” to ministers to  £712 million, around half of  of days from infection before  with travel bans and lockdowns introduced worldwide.
            introduce a scheme for coron-  2019’s levels.            tests return a positive result,  It said a second wave of the disease was now its “biggest
            avirus testing of arriving pas-  Mr  Holland-Kaye  said:  meaning testing negative on  fear”.
            sengers.                    “Today’s results should serve  arrival does not mean the pas-  Restrictions saw the company carry 500,000 passengers
              He wants the 14-day self-  as a clarion call for the   senger will not develop symp-  in the first quarter compared with 41.9 million in the same
            isolation requirement to be  Government – the UK needs a  toms later on.               period last year, while revenue collapsed from €2.3 billion
            eased for people arriving from  passenger testing regime and  But Public Health England  to €125 million.
            countries  not    on   the  fast. Without it, Britain is just  and the Department of Health  The company said: “The past quarter was the most chal-
            Government’s exemption list  playing a game of quarantine  and Social Care are believed  lenging in Ryanair’s 35-year history.
            if they test negative for the  roulette.                 to have spoken with travel      “Covid-19 grounded the group’s fleet for almost four
            virus.                         “As many of our customers  assistance company Collinson  months (from mid-March to end June) as EU governments
              It  comes   after  Boris  have experienced, it’s difficult  to understand the proposed  imposed flight or travel bans and widespread population
            Johnson warned that further  to plan a holiday that way, let  testing pilot it is developing  lockdowns.
            European nations could lose  alone run a business.       with Heathrow.                  “During this time, group airlines repatriated customers
            their exempted status amid     “Testing offers a way to    Preliminary    modelling    and operated rescue flights for different EU governments,
            signs of a “second wave” of  safely open up travel and trade  from the London School of  as well as flying a series of medical emergency/PPE flights
            Covid-19.                   to some of the UK’s biggest  Hygiene    and    Tropical
              The Prime Minister trig-  markets   which   currently  Medicine suggested 94% of    across Europe.”
            gered a diplomatic row with  remain closed.              cases would be detected if      Flights were resumed on July 1, and the company said it
            Spain by reimposing a warn-    “Our European competi-    the quarantine period was     aimed to operate around 40 per cent of its normal July
            ing against all but essential  tors are racing ahead with pas-  cut to eight days and passen-  schedule, increasing to 60 per cent in August and 70 per
            travel to the country and   senger testing. If the UK does-  gers tested negative on the  cent in September.
            insisting that travelers arriving  n’t act soon global Britain will  seventh. C          Ryanair Holdings plc said it expected air travel to be
                                                                                                  depressed in Europe for the next two to three years, adding:
                                                                                                  “This will create opportunities for Ryanair to grow its net-
                                                                                                  work, and expand its fleet, to take advantage of lower air-
                                                                                                  port and aircraft cost opportunities that will inevitably
                                                                                                  arise.”
                                                                                                     It added that it could not provide any guidance for prof-
                                                                                                  its in this financial year, but added that it expected to carry
                                                                                                  60 million passengers this year.
                                                                                                     It said: “FY21 will be a very challenging year for the
                                                                                                  Ryanair Group of airlines.
                                                                                                     “It is impossible to predict how long the Covid-19 pan-
                       “Our European                                                              demic will persist, and a second wave of Covid-19 cases


                 competitors are racing                                                           across Europe in late autumn (when the annual flu season
                                                                                                  commences) is our biggest fear right now.
                                                                                                     “Hopefully EU governments, by implementing effective
                 ahead with passenger                                                             track and tracing systems, and EU citizens by complying

              testing. If the UK doesn’t                                                          with recommended face masks, rigorous hand hygiene and
                                                                                                  other measures, will avoid the need for further lockdowns
                act soon global Britain                                                           or restrictions on intra-EU flights.
                                                                                                     “It is vital that European economies begin the process of
             will be nothing more than                                                            recovery this summer to minimize the damage arising from
                                                                                                  the Covid-19 pandemic and this recovery can only be led by
                   a campaign slogan.”                                                            intra-EU air travel which is the engine of EU growth and
                                                                                                    economic activity.” C
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