Ryanair's Q1 revenue rose 0.9% to €4.38B, traffic hit 61.3M. The airline held off FY27 guidance, citing low visibility beyond the summer booking horizon.
Ryanair reported fiscal first-quarter revenue of €4.38 billion, up 0.9% from a year earlier, and GAAP earnings of €0.51 per share, the company said Monday. Traffic rose 6% to 61.3 million passengers.
The budget carrier held off issuing formal guidance for the fiscal year ending March 2027, citing low visibility beyond the current booking horizon. The existing FY27 traffic target of 216 million passengers remains intact. Ryanair expects first-half passenger growth of 6% and second-half growth of 2%, a sharp deceleration that signals caution about winter demand and pricing power.
Summer 2026 booking volumes are strong, Ryanair said. The company’s decision to withhold a full-year earnings and revenue range reflects uncertainty around fuel costs, unit revenue trends, and the broader macroeconomic environment in Europe. The split between a robust H1 and a muted H2 projection suggests management expects the competitive landscape to tighten as capacity returns.
Ryanair ended the quarter with a solid balance sheet, the carrier noted. The next concrete marker for investors is the July traffic data, due next month, which will show whether summer momentum holds.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.