RYANAIR’S AUG. TRAFFIC GROWS 6% TO 22.2M

Summary by AI BETAClose X

Ryanair Holdings PLC reported a 6% increase in August traffic to 22.2 million passengers, with load factor remaining at 96%, and has reduced its full-year FY27 traffic forecast from 216 million to 214 million passengers to mitigate exposure to unhedged winter oil prices, which are currently trading at approximately $140 per barrel. This strategic reduction in winter capacity is expected to decrease losses by €70 million to €100 million, and the company anticipates a potential material increase in short-haul airfares across Europe if high oil prices persist.

Disclaimer*

Ryanair Holdings PLC
02 September 2026
 

RYANAIR'S AUG. TRAFFIC GROWS 6% TO 22.2M

FY27 TRAFFIC CUT FROM 216M TO 214M TO

REDUCE EXPOSURE TO UNHEDGED WINTER OIL

 

            Ryanair today (Wed. 2 Sept.) released Aug. 2026 traffic stats as follows:

 

Aug. 25

Aug. 26

Change

Guests

21.0m

22.2m

+6%

L. Fact

96%

96%

-

Ryanair operated over 120,500 flights in Aug. Over 400 flights were cancelled due to Mt. Etna eruptions.

                                                                 

 

Rolling

Aug. 25

Aug. 26

Change

Guests

203.6m

214.4m

+5%

L. Fact

94%

94%

-

                  

 Text Box: FY27 Traffic Cut from 216m to 214m: Ryanair is on track to grow its summer traffic (Apl. to Oct.) by over 5% (from 138m) to 145m in S.26 (with Q2 fares, guided in July, trending “modestly down” y-o-y). With 80% of FY27 jet fuel hedged at c.$67bbl, the Group is well placed to record another profitable year, albeit below FY26’s record PAT. (It remains too early to provide meaningful PAT guidance). In light of high unhedged oil prices (jet fuel currently trading at c.$140bbl), it is sensible to strategically reduce the Group’s exposure to unhedged jet fuel during the unprofitable winter schedule (from Nov. to Mar.). Ryanair’s FY27 traffic target is therefore cut from 216m to 214m passengers to reduce our exposure to unhedged oil this winter. We expect traffic from Nov. to Mar. will be broadly flat year-on-year. Subject to pricing and passenger demand, Ryanair expects this one-off winter schedule cut to reduce Ryanair’s W.26 losses by €70m to €100m. If high oil prices continue through to S.27, Ryanair believes short haul airfares in Europe will increase materially to reflect higher oil prices, as some less well-hedged competitors will struggle to maintain capacity or even survive this coming winter season. A further update will be provided with our H1 Results in Nov.

 

 

ENDS

For further info

please contact:

Ryanair Press Office             

T: +353-1-9451799                

E: press@ryanair.com

 

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