Ryanair revised its traffic targets for the financial year starting April 2025 after learning that Boeing would not be able to deliver up to 8 to 200 of its 737s, enough to meet passenger targets that had already been revised downwards. Reduced.
The Irish low-cost carrier had predicted last November that it would serve 210 million passengers in fiscal 2026, but revised that figure to 206 million on January 27. “Or about 3% growth compared to the previous year.” We plan to provide the service in the year ending March 31, 2025.
It puts Boeing's recovery from strike action in 2024 on the back of worse-than-expected delays.
Ryanair says it is “full of hope” that Boeing will deliver an outstanding 29 largest jets from an order of 210 units by March 2026. That means we aim to catch up on this year's lost growth next summer. This means we expect to have added nine Max jets to our fleet by summer 2025, up from the 172 we had on December 31, 2025.
Ryanair's challenges with its expansion plans reflect broader issues in the European airline market, it said.
“We expect European short-haul capacity to remain constrained in 2025 as many of Europe's Airbus operators continue to repair their Pratt and Whitney engines.France-KLM's SAS stake and future on tap,” Ryanair said.
The business was discussing capacity challenges as it released its third quarter financial results. This saw the total European carrier increase its net profit to 149 million euros ($157 million), benefiting from a slight increase during the period. 14.8 million the previous year.
This was achieved by a 10% increase in revenue to €29.6 billion, which swung towards an operating profit of €32.6 million.
Additionally, fuel hedging and “modest aircraft delay compensation” are among the factors that help offset ex-fuel cost inflation from sources such as crew salaries and ATC fees, along with efficiency losses due to maximum delivery delays. It says that it is one.
Ryanair has guided its full-year net profit in the range of €1.55-1.61, although the current final quarter of the financial year features tough year-on-year comparisons given the Easter fall outside the 2025 period. points out. Billion.
The group ended 2024 with a fleet of 609 aircraft, including 410 737-800S, 172 737 Max 8-200S, 26 Airbus A320s, and a single 737-700.
