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Ryanair's profits fell to 2.150 million euros in the first half of the fiscal year.

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 09:11:24 UTC.

Briefings

Ryanair reported a 15% drop in first-half fiscal 2026 profits to €2.15 billion, driven by rising fuel costs and lower fares despite a 6% passenger growth. CEO Michael O'Leary attributed the decline to fuel price hikes and consumer uncertainty, while noting revenue grew 3% to €10.08 billion. The company secured fuel commitments for 2027 and 2028 but warned fuel price increases could add €2 billion to energy costs in 2028 if the conflict persists.

Key points

• Ryanair's first-half fiscal 2026 profits fell 15% to €2.15 billion due to fuel price increases and reduced fares, despite passenger growth of 6% to 125.8 million.
• CEO Michael O'Leary confirmed fuel commitments for 2027 and 2028 totaling €1.82 billion, while warning fuel price hikes could add €2 billion to energy costs in 2028 if the conflict persists.

Context

Ryanair, an Irish low-cost carrier, reported its first-half fiscal 2026 results on November 2, 2026. Fuel prices doubled to €130 per barrel, while ticket prices fell 4% to €55.70. The company secured fuel commitments for 2027 and 2028 totaling €1.82 billion, while warning fuel price hikes could add €2 billion to energy costs in 2028 if the conflict persists.

Limitations

Evidence covers only first-half fiscal 2026 results; future fuel cost impacts remain unquantified. Passenger growth forecasts for 2027 are conservative estimates. Fuel price volatility and conflict scenarios are hypothetical without confirmed data.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 02/11/2026, 09:15:54 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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