Ryanair reported a third-quarter profit after tax of €115 million, pre-exceptional items, as passenger traffic climbed 6% to 47.5 million and average fares rose 4%. Revenue per passenger increased by 3%, driven by strong seat occupancy and ancillary revenue streams. Unit costs remained flat year-on-year, reflecting disciplined cost control measures that offset higher airport and handling charges.

The airline booked an €85 million provision, approximately 33% of the alleged Italian AGCM fine, which was announced on Christmas Eve. Ryanair’s management and Italian legal counsel remain confident that the fine will be overturned on appeal, and they have highlighted the charge as baseless. This exceptional provision will impact full-year results but is not expected to alter the group’s underlying profitability trajectory.

As of December 31, Ryanair had 206 Gamechanger-class aircraft in its 643-strong fleet, with the final four due for delivery in February. The carrier has added three new bases and launched 106 routes for the summer 2026 schedule, all now on sale. Fuel costs for fiscal 2027 are hedged at 80% of requirements at $67 per barrel, locking in a projected 10% saving in fuel expenditure next year.