At the low-cost airline Ryanair, the current financial year, which ends at the end of March 2024, appears to be going better than originally expected. Management is revising its profit forecast upwards and predicting a surplus of between 1,85 and 2,05 billion euros.

Initially, Ryanair had not given any profit forecast for the current financial year. This was justified by various unpredictable factors such as the war in Ukraine. The Irish group was able to close the previous period with a surplus of 1,3 billion euros. A significant increase is now expected.

An initial 400 million euros will be distributed to shareholders. This amount consists of a dividend of 35 cents per share. The sum is initially earmarked for the current financial year. In the future, they want to pay out 25 percent of the previous year's profit as a dividend. Ryanair also does not rule out the possibility that special distributions and share buybacks could occur again. This was quite common before the corona pandemic.

Sales rose to 2023 billion euros in the second quarter (July to September 4,9). In a direct comparison to the same period last year, the Ryanair Group was able to improve by 23 percent. At the same time, there were 11 percent more passengers on board. It is also noteworthy that Ryanair itself states that average ticket revenue increased by 14 percent. The surplus is reported at 1,5 billion euros.