Ryanair Profit Falls, Ancillary Revenue Rises 10%

Ryanair reported a 16% drop in annual profits to approximately €1.6 billion for the year ending March 2025, mainly due to a 7% decline in average fares despite a 4% increase in total revenue and a record 200 million passengers. Higher operating costs—including fuel, staffing, and airport charges—alongside Boeing aircraft delivery delays contributed to the profit decline and limited growth. Ancillary revenues rose by 10%, but fare reductions required repeated price stimulation to sustain passenger numbers. Ryanair expects passenger traffic to grow by only 3% to 206 million in the coming year due to ongoing Boeing delivery issues, and forecasts a modest recovery in fares and reasonable net profit growth for fiscal 2026. The airline notes strong summer 2025 demand with fares trending modestly higher, though a full recovery of last year’s fare decline is not anticipated. Ryanair remains committed to shareholder returns, approving an additional €750 million share buyback.