Overview
- Ryanair, which reported Monday a record €2.26 billion profit for the year to March, withheld FY27 profit guidance because it says fuel markets are too volatile to forecast.
- The airline said 80% of its fuel through April 2027 is hedged at about $67 a barrel, but warned the unhedged 20% could lift overall costs by a mid-single-digit percentage if current prices hold.
- Management now expects first‑quarter fares to fall by a mid‑single‑digit percentage and says July–September pricing is trending broadly flat as more customers book at the last minute.
- The finance chief said the risk of jet‑fuel shortages is fading as suppliers reroute shipments from West Africa, the Americas and Norway, and the carrier plans a full schedule.
- Shares fell about 3% after the update as investors reacted to softer summer pricing and the lack of a full‑year outlook.