US EditionRyanair raises fares after profits hit by lower ticket prices
- Ryanair, Europe’s biggest budget airline, experienced a 16% decline in after-tax earnings, which fell to €1.61 billion for the fiscal year ending March 31, 2025.
- This decline followed a 7% average ticket price drop last year driven by high interest rates, inflation, weaker consumer spending, and unfavorable Easter timing.
- Lower fares stimulated passenger growth to a record 200 million, despite Boeing aircraft delivery delays forcing Ryanair to reduce its passenger forecast for 2025-26 to 206 million.
- CEO Michael O'Leary said fares are rising sharply, expecting a mid-high teen percent increase for summer 2025, and cautiously expects to recover most fare declines but warns profits remain exposed to tariff wars, geopolitical risks, and air traffic control issues.
- Ryanair plans gradual profit growth in 2025-26 amid strong summer demand but acknowledges external risks could significantly impact financial outcomes.
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Ryanair fares to rise! Summer holidays just got pricier
Ryanair’s about to make your summer holiday pricier. After a year of slashed fares that dented profits, the budget airline giant is jacking up ticket prices, with a 5-6 per cent increase expected for the 2025 peak season, according to a The Guardian report. Easter already saw a 15 per cent jump, and with Europe’s biggest airline carrying just over 200 million passengers in 2024-25… Source
·Spain
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