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4 clusters · 74 sources · 47 days · First seen · Last updated

Ryanair profit slump deepens as fuel costs soar

Overview

Ryanair’s earnings pressure persisted into the second quarter of fiscal 2026/27. After reporting a 34% drop in net profit to €538 million for the quarter ended 30 June, the carrier confirmed a further 34% plunge in pre-tax profit to €593 million for the April-June period, prompting it to suspend its financial outlook for the remainder of 2026.

Operating expenses remained 11% higher year-on-year, driven largely by a near-doubling of unhedged jet-fuel costs, while the airline’s 80% fuel-hedging programme covered only part of the increase. Average fares were again cut about 6% to support demand amid lingering consumer hesitation linked to Middle-East tensions, notably the conflict in Iran that pushed crude above $90 per barrel. While load factors remained robust, revenue per passenger fell.

Despite these financial headwinds, Ryanair demonstrated passenger growth in July 2026, transporting 22.2 million people—a 7% increase year-on-year—with a 96% average load factor. Morgan Stanley also upgraded its outlook on the carrier, raising its 12-month target price to €27.60 and maintaining an "overweight" rating, citing Ryanair's low-cost structure and strong market position.

Concurrently, the broader Irish aviation sector faced difficulties. Aer Lingus reported an operating loss of €34 million for the first half of 2026, citing higher fuel and carbon costs alongside intensified competition on North Atlantic routes.

Entities

Aer Lingus · Ryanair · Ireland

Timeline

  1. 10 days ago

    [BUSINESS] 3 sources
    Ryanair reports 7% passenger growth in July 2026

    Ryanair transported 22.2 million passengers in July 2026, a 7% year-on-year increase, maintaining a 96% load factor across more than 120,800 flights.

  2. 17 days ago

    [BUSINESS] 2 sources
    Irish airlines report deep losses and profit drop in H1 2026

    Aer Lingus posted a €34 million H1 loss and Ryanair’s profit fell 34% to €593 million, both blaming higher fuel costs and competition, with Ryanair suspending its 2026 forecasts.

  3. 28 days ago

    [BUSINESS] 67 sources
    Ryanair profit falls 34% as fuel prices surge and fares slip

    Ryanair's Q1 profit fell 34% to €538 m as un‑hedged fuel costs surged and average fares dropped 6%; revenue rose 1% to €4.38 bn and passengers rose 6% to 61.3 m.

  4. about 2 months ago

    [BUSINESS] 3 sources
    Morgan Stanley raises Ryanair target price to €27.60

    Morgan Stanley lifted Ryanair's target price to €27.60 from €25.50 and kept an overweight rating, citing robust demand and low‑cost advantages, while noting fuel and economic risks.

Sources

abcbourse.com · aerointernational.de · airporthaber.com · aktiencheck.de · aktienkurs-orderbuch.finanznachrichten.de · biznes.interia.pl · biznisinfo.ba · boerse-social.com · ca.sports.yahoo.com · capital.fr · capital.gr · carfree.org.uk · cronicaeconomica.com · cryptonomist.ch · cursdeguvernare.ro · dailymail.co.uk · dicecompany.nl · DiePresse.com · dinardetectives.com · dirigentesdigital.com · doglife.ch · ebutikker.no · economytoday.sigmalive.com · econotimes.com · entrevue.fr · extra.ie · f5haber.com · finanzen.net · fly4free.pl · fr.businessam.be · fundacion-jrj.es · gewinnermagazin.de · hotsite.cnnbrasil.com.br · independent.co.uk · information.tv5monde.com · insider.gr · interez.sk · it-boltwise.de · kfgo.com · kurier.at · laopinioncoruna.es · last10k.com · lawforall.co.za · leodias.odia.ig.com.br · linza.at · m.tp24.it · mix929.com · mononews.gr

This summary has been updated 1 time: see revision history