Ryanair profit drops 34% amid Middle East-driven oil spike; carrier cuts fares while launching record winter 2026/27 schedule
Ryanair reported first-quarter profit down 34%, blaming the Middle East conflict for higher oil prices and weaker demand, with consumers delaying bookings. The airline said it plans lower fares through summer and is preparing for a “difficult winter,” while also unveiling a record winter 2026/27 program: 1,700 routes across 35 countries, including more than 140 new routes.