LONDON, May 16, 2022 (BSS/AFP) - Irish no-frills carrier Ryanair on Monday

announced a large reduction in annual net losses as the aviation sector
recovered from pandemic lockdowns.

  Loss after tax dropped to 355 million euros ($369 million) in the 12 months
to the end of March, compared with a net loss of 1.0 billion euros in its
previous financial year.