Overview

• Ryanair's annual profit fell 16% to €1.6 billion for the fiscal year ending March 31, 2025, due to a 7% drop in average fares.
• The airline flew a record 200 million passengers, up from 184 million the previous year, but missed its earlier target of 205 million due to Boeing delivery delays.
• Revenue rose 4% to €13.95 billion, driven by increased passenger volumes despite tighter consumer budgets and inflationary pressures.
• Ryanair forecasts modest growth, expecting to carry 206 million passengers in FY2026, with summer demand strong and fares slightly higher.
• Management remains cautious, warning of risks from tariff disputes, geopolitical tensions, and ongoing Boeing supply chain disruptions.