Ryanair Q1 Profit Soars But Cuts Passenger Growth Forecast Due to Boeing Delays

Ryanair reported record €663 million profit for Q1 2023, exceeding pre-pandemic levels.
The airline lowered 2023 passenger growth forecast from 15% to 9% due to delayed Boeing aircraft deliveries.
Some Boeing 737-8200 deliveries may be pushed back from April 2024 to June 2024.
Ryanair now expects FY2024 traffic to be around 183.5 million passengers, up 9% from FY2023.
Ticket prices for July-September are expected to rise by a low double-digit percentage year-on-year.