DUBLIN (Reuters) – Ireland’s Ryanair narrowed the range for its forecast annual loss on Monday, saying it expects a net loss between 350 million euros and 400 million euros ($386 million to $441 million) for the year to March 31, 2022.
Europe’s largest low-cost carrier had previously guided the market to a loss of between 250 million euros and 450 million euros.
The airline also said it has increased its fuel hedging to 80% cover for 2023.
($1 = 0.9060 euros)
(Reporting by Graham Fahy; Editing by David Goodman)
