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Ryanair fares set to rise by nearly 20% as airline plots profit rebound

Ryanair fares are set for a sharp rise as the airline attempts to rebound from a double-digit hit to profits in a year where Ryanair shipped a record number of passengers. Europe’s largest airline transported a record 200 million passengers in 2024, though fares were 7% lower than in the year prior. Ryanair’s CEO, Michael … Read more

Ryanair CEO Michael O’Leary hints at fare cuts after ‘significantly’ hedging low fuel prices amid tariff turmoil

Donald Trump’s tariff war has sent markets spiraling and threatens to upend global supply chains. But if you’re Ryanair CEO Michael O’Leary, a potential global economic crisis is just another profit-making opportunity. O’Leary told the Financial Times that Ryanair had “very significantly extended” its fuel hedges over the coming two financial years at “dramatically lower … Read more

Ryanair cuts passenger traffic goal again on Boeing delays

Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin, Germany, on March 13, 2024. John Macdougall | Afp | Getty Images Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the December quarter, but once more cut its passenger traffic goal for the … Read more

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