Finance News

Ryanair doubled its second-quarter profits

Ryanair doubles profits thanks to fare hikes and strong summer demand

Ryanair doubled its second-quarter profits

Ryanair, Europe’s largest low-cost airline, reported a sharp rise in profits for the April–June quarter, posting €820 million in post-tax profits more than double the €360 million recorded in the same period last year. This significant growth was largely driven by a 21% increase in average ticket prices, supported by strong consumer demand and favorable timing of the Easter holiday.

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The company also raised its outlook for the July–September quarter and the full year ending March 2026, stating it now expects to recover nearly all of the 7% fare drop from the previous financial year. Initially, Ryanair had anticipated recovering only part of that decline.

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Passenger traffic rose modestly by 4% to 57.9 million, but growth remained constrained by delayed deliveries of Boeing 737 Max aircraft. Despite these setbacks, the airline remains confident in receiving the remaining planes ahead of the 2026 summer season and expects to operate 206 million passengers by March 2026.

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Looking ahead, Ryanair is preparing to expand its fleet with the delivery of new high-capacity Boeing 737 Max 10 aircraft starting in spring 2027. The company expressed renewed confidence in Boeing’s leadership after past delays, indicating a positive shift in its supply chain outlook.

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