DUBLIN, Reuters
The Irish airline, Europe’s largest by passenger numbers, said it had already received indications from Boeing that some deliveries of 737-8200s aircraft could be delayed from April 2024 to June 2024, with a likely impact on this winter and next spring.
Ryanair now expects traffic to increase by 9% by March 2024 and reach around 183.5 million people, down from the 185 million originally forecast.
Ryanair’s fiscal first quarter profit quadrupled from the 170 million euros recorded a year ago when air travel resumed post-COVID-19. It beats the previous record for the period, which was 397 million euros in 2017.
The company’s chief financial officer Neil Sorahan told Reuters he was less concerned about the delays than a few months ago, with recent delays more related to factors beyond the planemaker’s control.
Ticket prices for bookings in the July-September quarter, typically the most profitable time of year for Ryanair, are expected to increase year-on-year by a double-digit percentage, Ryanair said.
(Padraic Halpin report; French version Victor Goury-Laffont, edited by Kate Entringer)
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