Ryanair to delist from London Stock Exchange

Ryanair has announced plans to delist from the London Stock Exchange.

It will stop trading on December 17. The airline said that trading on the London market “does not justify the costs related to such listing and admission to trading”.

Ryanair, which is valued at over £18bn, will continue trading on the Dublin Euronet.

Earlier this month, the group reported its first quarterly profit since the start of the pandemic.

However, the airline is still expected to post a loss of between €100-€200m for the financial year ending March 31.