March 10, 2020 / 12:55 PM / 19 days ago

Ryanair lowers 2020 traffic target as Italy imposes lockdown

FILE PHOTO: A Ryanair aircraft takes off at Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau/File Photo

(Reuters) - Ryanair Holdings (RYA.I) on Tuesday lowered its 2020 passenger target from 154 million to 151 million as it suspended all its flights to and from Italy, after the government extended a clampdown across the entire country in a bid to slow Europe’s worst outbreak of the coronavirus.

Reporting by Tanishaa Nadkar in Bengaluru; Editing by Sriraj Kalluvila

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