Business

Ryanair Soars High: Q1 Revenue Climbs 20% to €4.3 Billion Amidst Record Passenger Traffic

Ryanair Holdings plc Reports Stellar Q1 Performance

Ryanair Holdings plc has kicked off fiscal 2026 with a bang, announcing a remarkable 20% surge in total revenue for the first quarter, reaching an impressive €4.3 billion. This growth is a testament to the airline's robust operational strategy and the increasing demand for air travel.

Financial and Operational Highlights

The airline's financial health is stronger than ever, with diluted earnings per share witnessing a staggering 144% increase to €0.7659. Passenger traffic also saw a healthy 4% rise, accommodating 57.9 million travelers, while profit after tax leaped by 128% to €820 million.

Strategic Moves and Future Outlook

CEO Michael O'Leary shared exciting developments, including Ryanair's full addition to the MSCI World Index and anticipated inclusion in the FTSE Russell Index. "We've also made significant strides in our share buyback program, purchasing and canceling approximately 1.6 million shares at a cost of €39 million by June 30," O'Leary remarked, highlighting the company's commitment to delivering shareholder value.