Ryanair Cuts Traffic Growth Target on Boeing Delivery Delays
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- Published: Monday, 17 February 2025 11:50
The airline has cut the target for a second time to 206 million passengers
Ryanair said it expects to fly fewer passengers than hoped in fiscal 2026, cutting its passenger growth target yet again, due to Boeing plane delivery delays.
The Irish budget airline said Monday that although the production of Boeing 737 planes was recovering from the strikes of last year, the U.S. plane maker wasn’t expected to deliver enough aircraft to meet Ryanair’s fiscal 2026 passenger growth goal.
The company cut its target for a second time to 206 million passengers. It had trimmed its passenger growth guidance in early November to 210 million from 215 million and warned at the time that the risk of further delivery delays from Boeing remained high.
The company flew 183.7 million passengers in the year to March 2024. It said it expects to fly almost 200 million passengers in fiscal 2025.
Ryanair said it hoped the delivery of 29 remaining Boeing Gamechangers before March of next year would allow it to recoup its delayed traffic growth in summer 2026. The company had 172 Boeing Gamechangers in its fleet as of the end of December, out of an order of 210.
Excerpt from WSJ
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