Ryanair Carries Record Passenger Numbers in First Half of Year; Ups Full-Year Traffic Target

BRUSSELS, BELGIUM - AUGUST 27: Irish businessman, CEO of Ryanair Michael O'Leary talks to media on August 27; 2024 in Brussels, Belgium. Today, the Group CEO of Ryanair annonced 9 new routes for W2024 from Charleroi airport, and none from Brussels due to the high airport charges. (Photo by Thierry Monasse/Getty Images)

Ryanair carried a record number of passengers in the first half of this year, whilst also generating strong profit and revenue growth, the airline’s latest financial results show.

For the first six months of 2025, Ryanair reported a 3% year-on-year rise in passenger numbers to 119 million people.

First half group revenue jumped 13%, year-on-year, to €9.82bn and post-tax profit was up by 42% to €2.54bn.

The airline expects passenger numbers, for its current financial/fiscal year (FY26) – which runs to the end of next March – to grow by more than 3% to around 207 million passengers; slightly up on previous guidance of closer to 206 million.

Ryanair Group Chief Executive, Michael O’Leary, said: “It remains too early to provide meaningful FY26 PAT [profit after tax] guidance. We do, however, cautiously expect to recover all of last years 7% full-year fare decline, which should lead to reasonable net profit growth in FY26.  The final FY26 outcome remains exposed to adverse external developments, including conflict escalation in Ukraine and the Middle East, macroeconomic shocks and any further impact of repeated European ATC [Air Traffic Control] strikes and mismanagement.”