Ryanair Holdings reported a 34% drop in first-quarter profit after tax to €538 million as higher fuel costs and weaker ticket prices offset continued passenger growth. The airline’s Q1 profit fell from €820 million a year earlier after the cost of its 20% unhedged jet fuel more than doubled during the quarter, while average fares […]
Fuel Shock and Lower Fares Cut Ryanair Q1 Profit Read More »
Ryanair Holdings has reported record full-year profits for FY26, with pre-exceptional profit after tax rising 40% to €2.26 billion, driven by higher fares and continued revenue growth. Group revenue increased 11% to €15.54 billion as passenger traffic grew four per cent and average fares recovered by ten per cent following the previous year’s decline. Scheduled
Ryanair posts record €2.26bn profit Read More »
Ryanair has inaugurated its new €25 million maintenance centre at Madrid Barajas Airport—the largest in its network. With capacity for seven aircraft, the 22,000 m² state-of-the-art facility, located in the airport’s industrial zone, will create 700 highly skilled jobs, including engineers, mechanics and support staff, further strengthening Madrid and Spain’s position as a leading European
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Ryanair and CFM International (CFM) have signed an MoU for a long-term material services agreement to support Ryanair’s entire fleet of approximately 2,000 CFM56 and LEAP engines powering its Boeing 737 aircraft. The MoU, announced by Michael O’Leary, CEO of Ryanair, and Olivier Andriès, CEO of Safran, one of CFM’s two parent companies, covers the
Ryanair inks major engine support MoU with CFM Read More »
Ryanair has confirmed it will close its Prime subscription scheme from November 28, bringing an end to an eight-month trial that failed to deliver the financial return the airline expected. While the programme will shut to new customers, the 55,000 existing Prime members will continue to receive monthly low-fare offers until their memberships expire in
Ryanair ends Prime subscription after costly trial Read More »
Ryanair will significantly expand its operations in Albania by opening a new base at Tirana Airport in April 2026, with three Boeing 737-800 aircraft. The move represents an investment of US$300 million and will create over 3,000 jobs, including 100 new positions for pilots and cabin crew, strengthening the airline’s presence in the country. The
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Ryanair has announced a major expansion of its partnership with CFM International (CFM) through a new purchase agreement for 30 LEAP-1B spare engines. This acquisition supports the airline’s ongoing growth and the operational needs of its Boeing 737 MAX fleet. The deal is aimed at enhancing the reliability and efficiency of Ryanair’s operations as it
Ryanair deepens CFM partnership with major engine order Read More »
Ryanair has commenced construction of its new €40 million (US$42 million) aircraft maintenance facility at Dublin Airport. The state-of-the-art four-bay hangar will create over 200 highly skilled and well-paid jobs for engineers and mechanics, supporting the airline’s expanding fleet. Spanning 120,000 ft², the facility will accommodate both heavy and line maintenance for Ryanair’s growing fleet
Ryanair begins construction of €40 million maintenance facility at Dublin Airport Read More »
Boeing and Ryanair are elevating efficiency across Ryanair’s fleet of primarily 737s with the addition of Boeing’s Jeppesen FliteDeck Pro 5.0 electronic flight bag (EFB) solution. This strategic multi-year agreement, providing support for the carrier’s Next-Generation 737 and 737 MAX fleet, underscores Ryanair’s dedication to continuous improvement and innovation in airline operations. “We are excited
Ryanair opts for Jeppesen FliteDeck Pro 5.0 Read More »
Ryanair has reported record annual profits of €1.9 billion (£1.6 billion) and announced the appointment of former UK Home Secretary Amber Rudd to its Board. Additionally, the airline indicated that summer fares would be lower than previously anticipated. The airline’s profits after tax rose by over a third in the year ending March, compared to
Ryanair posts record profits, appoints Amber Rudd as new Board member Read More »
