Ryanair Holdings plc reports positive booking results for the summer season of 2025. CEO Michael O’Leary the travel demand remains high.
Strong Bookings and Rising Prices
CEO Michael O’Leary emphasized that bookings into summer 2025 remain strong, with rising prices, particularly for popular destinations including Italy, Greece, Spain, the Balearics, the Canaries, and Morocco. O’Leary noted that the airline expects to recover most, but not all, of the 7% decline in average fares recorded last year.
Profit Forecast and Market
Market consensus anticipates Ryanair’s after-tax profit for the first quarter ending in June will double compared to the previous year. O’Leary stated that the company sees no reason to alter its profit forecasts, indicating success in navigating the challenging operating environment and maintaining its competitive position in the European low-cost carrier market.
Expansion Plans in Warsaw
In addition, O’Leary announced significant expansion plans for Warsaw’s Modlin airport, where Ryanair intends to treble passenger numbers to more than 5 million annually by 2030. The airline plans to invest $400 million in Modlin and double its aircraft presence there from four to eight planes, continuing operations at Warsaw’s main Okecie airport. This expansion comes after resolving a three-year fare dispute that had reduced air traffic at Modlin.
The positive trends in bookings and rising ticket prices highlight Ryanair’s success in the current market. With expansion plans, the airline is expected to continue its growth and improve results in the future.
