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Ryanair's O'Leary sees very strong profit recovery next year

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DUBLIN, April 21 (Reuters) - Ryanair expects a very strong profit recovery in the year to March 31, 2023, and at best a breakeven performance over the next 12 months with traffic already starting to recover, Group Chief Executive Michael O'Leary said on Wednesday.

O'Leary said Europe's biggest low-cost airline would expect to post a modest loss if it carried somewhere between 80 and 100 million passengers in the coming year and eek out a small profit if they fly over 100 million passengers. (Reporting by Padraic Halpin and Conor Humphries)