Ryanair Holdings Plc (LSE: RYA), which is reporting earnings on Monday, has had a muted year-to-date performance with the stock up 1.5%, though Europe’s biggest discount carrier has exceeded pre-pandemic levels. Rival EasyJet Plc, which is also releasing numbers next week, has advanced more than 21%, though still lags its pre-Covid-19 position. Virus infection rates and travel restrictions in continental Europe mean capacity is expected to continue falling this spring. Ryanair has gained more than 100% from 2020 lows and as the summer season approaching shares are looking very promising to investors.