The Irish low-cost airline Ryanair suffered a decline in profits in the 2024/2025 financial year compared to the previous year. As the company announced in Dublin on Monday, net profit fell by 16 percent to approximately €1,6 billion. Ryanair cited lower ticket prices as the main reason for this decline. Analysts had already anticipated this trend.
However, for the current financial year ending March 2026, the airline is confident that it will be able to largely offset the previous year's price decline (-7 percent). This should lead to reasonable growth in net profit, although Ryanair emphasizes that a more precise forecast depends on external developments. These include the risk of tariff conflicts, macroeconomic shocks, an escalation of the wars in Ukraine and the Middle East, and operational issues in European air traffic.
Despite the decline in profits, Ryanair announced a share buyback worth €750 million over the next six to twelve months. Manufacturing problems at aircraft manufacturer Boeing, which led to delays in the delivery of new aircraft, also recently impacted the low-cost airline's business plans. Ryanair has already revised its passenger growth forecast downward twice this year and now expects passenger traffic of 206 million for the 2026 fiscal year, compared to 200,2 million in the 2025 fiscal year.