Ryanair Group CEO provides outlook for FY2027
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Background ✨
Ryanair Group CEO Michael O'Leary said it expected to report “multi-billions of profit” for FY2026 on 18-May-2026, but warned profits could come under pressure for the next 12 months if oil prices stayed high, with one to two percentage points taken off Jun/Jul/Aug-2026 fares to reflect Middle East conflict impacts.1 Mr O'Leary also shifted from prior FY2027 airfare growth expectations towards fares being flat, while noting fuel suppliers extended the perceived disruption horizon to end-Jun-2026.2