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.

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