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Ryanair Faces Profit Drop Amid Italian Fine, Sees Passenger Growth

1/26/2026

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Story summary
  • Ryanair reported a 22% drop in quarterly profit to €115 million due to an €85 million provision related to a €256 million fine from Italy's competition authority.
  • Passenger traffic rose 6% to 47.5 million, and fares rose 4% to €44.
  • Ryanair lifted its full-year forecast to nearly 208 million passengers and 8–9% fare growth, driven by strong demand and improved Boeing delivery timelines.
  • Ryanair plans to appeal the fine.