Ryanair Q1 net profit doubles, but Boeing delays hamper passenger growth
Ryanair Holdings reported Q1 profit after tax soared to €820 million, more than doubling year on year.
Passenger traffic was up 4% with average fares up by 21%.
Total revenue rose 20% to €4.34 billion.
Ryanair said total passenger traffic for the year will be pegged at about 206 million due to continuing delays receiving new Boeing aircraft.
“This summer we will operate over 2,600 routes and we’re seeing strong summer 2025 travel demand across our network.” Said CEO Michael O’Leary.
“Our group airlines capacity constrained growth is being allocated to those regions and airports who are cutting aviation taxes and incentivising traffic growth.”
Ryanair expects to receive the 29 remaining Boeing Max aircraft on its earlier order before summer 2026.
“Boeing continues to expect Max-10 certification in late 2025 and we’re planning for the timely delivery of our first 15 Max-10 deliveries in spring 2027,” O’Leary added.
The airline has an order of 300 of these due by March 2034.
“We believe European short-haul capacity will remain constrained for the next five years to 2030.”
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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