Ryanair sees its profit plunge by 93% in the third quarter of 2023/2024. The surge in kerosene costs is responsible for the Irish company's loss of profit.
The company reduces its profit forecast after tax to a range between 1.85 and 1.95 billion euros. Ryanair still expects a total of 183.5 million passengers transported, or +9%, over the entire delayed financial year, despite “slightly lower occupancy rates” of Boeing aircraft ordered.