The boss of Ryanair is forecasting "a strong return" for European beach holidays this summer thanks to the Covid-19 vaccination programme. Michael O'Leary said he expected travel restrictions to be dropped once high-risk groups were inoculated, unleashing "pent up demand". Ryanair expects annual losses of up to €1bn for the year to March 2021. Despite this, Mr O'Leary told the BBC's Today programme that he was "heartened" by the fact the UK expected to vaccinate everyone over 50 by the end of March, and that Europe would achieve the same by June.