Ryanair Boosts Fare Growth Forecast on Strong 2026 Bookings

Financial Performance and Forecasts

• ✈️ Ryanair has increased its forecast for average fare growth, driven by a strong start to bookings for 2026.
• 💰 The airline anticipates its annual after-tax profit will likely increase by approximately one-third.
• 📈 Average fares for the year to March are now projected to be 1-2 percentage points higher than the 7% growth previously forecast in November.
• 🎯 Ryanair is cautiously guiding after-tax profit to be between $2.5 billion and $2.7 billion.

Recent Performance and Legal Matters

• 💸 In the final three months of 2025, Ryanair reported an after-tax profit of $136 million, excluding a significant $100 million charge.
• ⚖️ This charge was related to a fine from the Italian Competition Authority in December, which the CEO is confident will be overturned on appeal, though it may take time.

Operational Considerations

• ⚠️ Ryanair has had to reduce capacity growth in recent years due to delays from Boeing.
• ✅ However, the airline reports that its relationship with Boeing is now improving.