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Ryanair returns to full-year profit

Low-cost carrier expects passenger numbers to grow 10 per cent this year
May 22, 2023

Ryanair (IE:RYA) reported a return to profit in the year to March on the back of higher passenger numbers compared with pre-Covid levels.

The company made a pre-tax profit of €1.44bn (£1.25bn) as revenue more than doubled to €10.8bn. Passenger numbers were up 74 per cent year-on-year to 168.6mn, which was 13 per cent higher than before the pandemic.

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