Ryanair Reports Record Profits Despite Lower Summer Fares

The low-cost airline's annual profit surged by 34% to €1.92 billion, driven by higher passenger numbers and increased fares, while facing challenges from Boeing delivery delays.

Passenger numbers rose 9% to 184 million, surpassing pre-pandemic levels.
Ryanair's revenue increased by 25% to €13.44 billion despite higher fuel costs.
The airline anticipates carrying up to 200 million passengers this financial year.
Ryanair is offering discounted mid-week fares due to softer-than-expected demand.
Former UK Home Secretary Amber Rudd joins Ryanair's board as a non-executive director.