Overview
- Ryanair, which reported results Monday, posted after-tax profit of €2.26 billion on €15.54 billion in revenue with 208.4 million passengers.
- It has 80% of fuel needs locked in through April 2027 at about $67 a barrel, a hedge that fixes most costs and blunts current price spikes.
- The group plans to repay a €1.2 billion bond next week, leaving it close to debt-free and supporting a €0.195 final dividend with buybacks continuing.
- Management expects 216 million passengers this fiscal year and held back profit guidance, citing fuel volatility and higher EU environmental charges.
- The board is finalizing a new deal to keep CEO Michael O’Leary through 2032 with performance-tied options as the airline manages Boeing delivery delays and invests in maintenance capacity.