Ryanair Q1 profit falls 34% to €538 million as fuel spike and lower fares pressure results
Ryanair reported a 34% decline in first-quarter profit after tax (PAT) to €538 million for the period ended June 2026, down from €820 million a year earlier. The airline cited higher jet-fuel costs on the unhedged portion alongside weaker revenue per passenger, as it cut ticket prices amid softer demand.