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Budget airline Ryanair cuts passenger traffic goal again on Boeing delays

27 January 2025
in World
Budget airline Ryanair cuts passenger traffic goal again on Boeing delays
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Budget airline Ryanair reported stronger-than-expected after-tax profit of 149 million euros for the December quarter, surpassing analyst predictions of 60 million euros, thanks to marginally higher fares and increased holiday bookings. Despite a 9% rise in passenger traffic to 45 million, Ryanair reduced its full-year goal to 206 million passengers for the fiscal year ending in March 2026 due to ongoing Boeing delivery delays, down from an earlier target of 215 million.

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Tags: AirlineAirlinesBoeingbudgetBusinessbusiness newscutsdelaysEarningsgoalpassengerRyanairtrafficTransportation
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