Ryanair publie des résultats semestriels en baisse.
For the first half of its 2026/2027 financial year, ended September 30, the airline posted a net profit of €2.15 billion, down from €2.54 billion a year earlier (-15%), according to its release.
Revenue rose by 3%, to €10.08 billion. Traffic climbed by 6%, to 125.8 million passengers, but the average fare fell by 4%, to €55.70. Ancillary revenues rose by 6%, to €3.08 billion.
Operating costs rose by 10%, to €7.69 billion. The price of the 20% of unhedged kerosene has doubled, to around $130 per barrel. The remainder is hedged at about $67 until March 2027, according to the release.
For the first half of its 2026/2027 financial year, ended September 30, the airline posted a net profit of €2.15 billion, down from €2.54 billion a year earlier (-15%), according to its release.
Revenue rose by 3%, to €10.08 billion. Traffic climbed by 6%, to 125.8 million passengers, but the average fare fell by 4%, to €55.70. Ancillary revenues rose by 6%, to €3.08 billion.
Operating costs rose by 10%, to €7.69 billion. The price of the 20% of unhedged kerosene has doubled, to around $130 per barrel. The remainder is hedged at about $67 until March 2027, according to the release.
A fuel bill weighing in at around €2 billion in 2027/2028
For 2027/2028, Ryanair is hedged at 25%, at about $95 per barrel. The airline estimates its fuel bill will rise by around €2 billion, based on current forward prices. It expects a substantial increase in European short-haul fares, which would not be enough to offset this additional cost. It is revising its costs, notably airport and wage agreements, with potential temporary freezes of wages.
The traffic target for 2026/2027 has been lowered from 216 to 214 million passengers. Ryanair aims for more than 220 million passengers (+3%) in 2027/2028, with the delivery of 16 Boeing 737 MAX 10s for the summer of 2027.
The company is putting on sale 126 new routes and a Rimini base for the summer of 2027. Capacities will be focused first on Albania, Italy, Morocco, Slovakia and Sweden, at the expense of Austria, Germany and the Spanish regions.
Demand in the third quarter is deemed solid, with fares slightly higher than those of the previous year. In the absence of visibility for the fourth quarter, Ryanair does not publish an annual profit forecast.
The traffic target for 2026/2027 has been lowered from 216 to 214 million passengers. Ryanair aims for more than 220 million passengers (+3%) in 2027/2028, with the delivery of 16 Boeing 737 MAX 10s for the summer of 2027.
The company is putting on sale 126 new routes and a Rimini base for the summer of 2027. Capacities will be focused first on Albania, Italy, Morocco, Slovakia and Sweden, at the expense of Austria, Germany and the Spanish regions.
Demand in the third quarter is deemed solid, with fares slightly higher than those of the previous year. In the absence of visibility for the fourth quarter, Ryanair does not publish an annual profit forecast.
