Ryanair Group CEO: 'I think we should be more optimistic about a recovery into summer 2021'

Ryanair Group CEO Michael O'Leary said the group is "finalising the summer '21 schedules and we're in active discussions with progressive airports", adding: "I think we should be more optimistic about a recovery into summer 2021".

Mr O'Leary said there is a "reasonable prospect" of passenger recovery to 70% of pre-coronavirus levels, with short haul expected to reach pre-coronavirus levels by the 2022 summer schedule, dependent on coronavirus vaccine availability. Mr O'Leary said: "Long-haul will be longer because I think there is a significant distrust. The capacity destruction on long-haul has also been deeper and will take longer to come back".

Source: Centre for Aviation