HomeTravel NewsRyanair Reports Strong Q1 Recovery Post-Covid but at Lower Fares

Ryanair Reports Strong Q1 Recovery Post-Covid but at Lower Fares

Ryanair Holdings today (25 July) reported a Q1 profit after tax(PAT) of €170m , compared to a prior year Q1 loss of €273m, but well below the €243m PAT reported in Q1 FY20 (pre-Covid). 

30 Jun. 202130 Jun. 2022Change
Customers8.1m45.5m+461%
Load Factor73%92%+19pts
Revenue€0.37bn€2.60bn+602%
Op. Costs€0.68bn€2.38bn*+253%
Net (Loss)/ PAT(€273m)€170m*n/m
EPS (euro cent)(24.16)16.53n/m

* Non-IFRS financial measure, excl. €18m except. unrealised mark-to-market net gain on jet fuel caps.

Jack Goddard
Jack Goddard
I have joined the ITTN team after working in many different disciplines across my career. Having worked in a solicitor’s office, the bar trade, and the travel industry. I bring a young and fresh dynamic to our editorial team.

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