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Ryanair has announced a reduction in its FY26 traffic guidance by 4 million passengers due to delays in Boeing aircraft deliveries. The Irish low-cost airline, which operates several subsidiaries across Europe, reported a profit after tax of €149 million ($156.8 million) for Q3 FY25, a significant increase from the previous year's €15 million ($15.7 million). Revenue rose by 10% year-on-year to €2.96 billion ($3.11 billion).
CEO Michael O’Leary attributed the improved profits to resolving a dispute with online travel agencies that affected the previous year's results. "We have now fixed the OTA dispute, and therefore, this year’s Q3 is a more normal figure," he stated.
Operating costs increased by 8% year-on-year to €2.93 billion ($3 billion), while Ryanair's average load factor remained at 92%. The airline welcomed 44.9 million passengers during the quarter, marking a 9% increase compared to last year.
