Ryanair, the UK’s No. 1 low-fares airline, today (Tues, 27 Jan) announced its Norwich Summer 2026 schedule with 3 routes to Alicante, Faro and Malta, including the addition of a third weekly flight to sunshine hotspot Faro (operating Mondays, Wednesday, & Saturdays), providing Ryanair customers in the East Anglia region with unbeatable low-fare choice.  

Ryanair’s full Summer 2026 schedule is available to book now via the Ryanair App, with flights to/from Norwich available from as little as £29.99.

Ryanair’s Director of Comms, Jade Kirwan, said:

“Ryanair is pleased to launch our Summer 2026 schedule for Norwich, offering 3 routes to Alicante, Faro and Malta. This Summer we will operate an extra, third weekly flight from Norwich to Faro, meaning that from 30 March, we’ll have flights Mondays, Wednesdays and Saturdays – perfect for planning both short and long-trips. This exciting new Norwich schedule offers Ryanair’s customers in the East Anglia region with unbeatable low-fare choice for their Summer 2026 getaways, with flights available to book now via the Ryanair app now from as little as £29.99.”

Managing Director of Norwich Airport, Richard Pace, said: 

“We’re delighted to see Ryanair’s continued growth at Norwich and passengers will warmly welcome this third weekly flight on the Faro route. This follows the recent extension of their Malta service through the winter, and year-round flights to Alicante, providing even more choice for travellers across the region.”

Ryanair, Europe’s No. 1 airline, today (Mon, 26 Jan) announced 140 new cabin crew jobs for its Stansted base, as part of its continued growth towards carrying 300M passengers by FY34, supported by strong demand for Ryanair’s low fares, extensive route network, and high-quality service.

To help find the perfect candidates for these exciting new cabin crew roles, Ryanair – in cooperation with its recruitment partners, Cabin Crew International – is hosting a cabin crew recruitment event in Stansted Airport on Wednesday (28 Jan) at Radisson Blu Hotel, at 10:30am. Attendees will learn about Ryanair, its operations, and what it means to be part of Europe’s leading airline.

This exciting recruitment event will offer attendees the opportunity to discuss what it’s like to work as cabin crew at Europe’s No.1 airline and hear about the benefits that come with the role, including excellent remuneration packages and discounted travel, giving crew the opportunity to travel across Ryanair’s industry leading network of over 235 destinations.

Further details and event registration are available at careers.ryanair.com.

Ryanair’s Jade Kirwan, said:

“We are delighted to announce 140 new cabin crew positions at our London Stansted base to support our Summer 2026 operations. Those interested in building a career with Europe’s largest and lowest fare airline – Ryanair – where hard work is rewarded with fast-track career opportunities and incredible benefits, like discounted travel, should come along to our recruitment event taking place 10:30am, Wednesday (28 Jan) at Radisson Blu Hotel, London Stansted Airport to meet some of the team and learn more about these exciting cabin crew roles.“

Ryanair, Europe’s largest airline, today (Mon, 26 Jan) called on Tánaiste Simon Harris to explain his weekend comments that Ireland and Europe “must be more competitive”, when his Govt have failed for 13 months to scrap the illegal Dublin Airport traffic cap, which is holding back growth and investment by Ryanair and U.S airlines at Dublin Airport, because of Govt inaction and uncertainty.

Ryanair CEO Michael O’Leary said:

“Simon Harris talks the talk, but won’t walk the walk. His Govt Programme, published in Jan 2025, promised to scrap the Dublin Airport cap “as soon as possible”. Yet, while Simon Harris preaches about the need for “competitiveness”, his own Govt – with a 20-seat majority – have failed to take any action for 13 months now to scrap Dublin Airport’s traffic cap.

Ireland is now an international embarrassment. Airlines for America (A4A) submitted a complaint to the U.S Govt, demanding reciprocal action against Ireland for its failure to scrap this cap, which is preventing U.S airlines opening new routes and delivering more competitiveness here in Irish Aviation. As always, Simon Harris is great with the tweets, but short on taking action to deliver on his own Govt Programme.

Like his boss, Micheál Martin, less talk and more action would go a long way. He could start driving his competitiveness mission by explaining what he means by “as soon as possible” when it comes to scrapping the Dublin Airport cap. Nobody would believe that 13 months is “as soon as possible”. So perhaps Simon Harris should stop talking and actually take action to scrap the cap, and then his calls for competitiveness might have more substance. Empty vessels make the most noise, and this Govt, led by “Do Nothing” Martin and “Hopeless” Harris – when it comes to delivery – is just an empty vessel.”

TRAFFIC GROWS 6% AS FARES RISE 4%

Ryanair Holdings plc today (26 Jan.) reported a Q3 PAT of €115m (pre-exceptionals) compared to a strong prior-year Q3 PAT of €149m. An €85m exceptional charge is a provision for approx. 33% of the baseless Italian AGCM fine which our lawyers are confident will be overturned on appeal.

	Q3 FY25	Q3 FY26	+/-
Passengers	44.9m	47.5m	+6%
Load Factor	92%	92%	–
Ave. fare (€)	43	44	+4%
Revenue (€)	2.96bn	3.21bn	+9%
Op. Costs (pre-except.) (€)	2.93bn	3.11bn	+6%
PAT (pre-except.) (€)	149m	115m	-22%
PAT (post. except.) (€)	149m	30m	-80%

Q3 highlights include:

• Traffic grew 6% to 47.5m.
• Rev. per pax up 3% (ave. fare +4% & ancil. rev. +1%).
• Strong cost control with unit costs flat (pre-except. charge).
• 206 B737 “Gamechangers” in 643 fleet at 31 Dec.
• 3 new bases & 106 new routes on sale for S.26.
• Fuel 80% hedged for FY27 @ $67bbl
• Italian AGCM levies baseless €256m fine which is under appeal.

Q3 FY26 REVIEW

Ryanair Group CEO Michael O’Leary, said:

Revenue & Costs:

“Q3 revenue rose 9% to €3.21bn.  Scheduled revenue increased 10% to €2.10bn as traffic grew 6% with 4% higher fares, thanks to strong Oct. school mid-term and close-in Christmas/New Year bookings.  Ancillary revenue was solid, rising 7% to €1.11bn.  Operating costs (pre-except. charge) rose 6% to €3.11bn (flat per pax).  With almost all of our B-8200 “Gamechangers” delivered, other income in Q3 dipped due to the absence of delivery delay compensation in the quarter (which was incl. in PY Q3 comp.).

Q4 FY26 fuel is 84% hedged at $77bbl and we’ve now locked-in FY27 savings with 80% of our jet-fuel requirements hedged at c.$67bbl. 

Balance Sheet, Liquidity & Returns:

Our balance sheet is strong with a BBB+ credit rating (both Fitch and S&P) and an unencumbered B737 fleet.  At 31 Dec., gross cash was €2.4bn after €1.2bn debt repayments, €1.4bn capex and €0.6bn shareholder distributions.  Liquidity is further boosted by the Group’s RCF which has c.€1bn undrawn.  Net cash was €1bn, leaving the Group well positioned to fund capex and repay our last remaining €1.2bn bond in May 2026 from internal cash resources.  This financial strength widens the cost gap between Ryanair and our competitors, many of whom remain exposed to expensive (long-term) finance and rising aircraft lease costs.

In May, we launched a €750m share buyback.  At 31 Dec. we had purchased (and cancelled) over 13.1m shares (c.46% of programme) at a cost of over €340m.  An interim div. of €0.193 per share will be paid in late Feb.

Over the last 3-years we have generated a TSR (total shareholder return) in excess of 150%, placing Ryanair comfortably in the top quartile of the Stoxx Europe 600 index TSR performers.  The Group will continue to deliver disciplined and consistent capital allocation (underpinned by a strong balance sheet) as traffic grows to 300m p.a. by FY34.

FLEET & GROWTH

The Group had 206 B737-8200 “Gamechangers” in its 643 fleet at 31 Dec. We expect to receive the final 4 Gamechangers (210 total) by the end of Feb., facilitating 4% traffic growth to 216m next year (FY27).  Boeing expects MAX-10 certification during summer 2026 and are increasingly confident that they will meet their contract delivery dates for Ryanair’s first 15 MAX-10s in Spring 2027, with 300 of these fuel-efficient aircraft due to deliver by Mar. 2034. 

This winter, we’ve allocated Ryanair’s scarce capacity to regions and airports cutting aviation taxes and incentivising traffic growth (such as Albania, Italy, Morocco, Slovakia and Sweden) by switching flights and routes away from high cost, uncompetitive markets like Austria, Belgium, Germany and regional Spain.  This trend continues into S.26, with over 106 new routes on sale (incl. 3 new bases in Rabat, Tirana and Trapani). With seats likely to sell out, we encourage all passengers to book early on www.ryanair.com to grab our lowest fares.

We expect European short-haul capacity to remain constrained to at least 2030 as the big 2 OEMs remain well behind on aircraft deliveries, Pratt & Whitney engine repair delays continue for many Airbus operators, EU airline consolidation accelerates and unprofitable airlines withdraw capacity from markets where they are unable to compete with Ryanair’s lower costs.  Industry capacity constraints, combined with our widening cost advantage, strong balance sheet, low-cost aircraft orderbook and industry leading ops resilience will, we believe, facilitate Ryanair’s controlled profitable growth to 300m passengers p.a. by FY34. 

ESG

During Q3 CDP (Carbon Disclosure Project) upgraded Ryanair’s rating to A (was A-) and MSCI reconfirmed the Group’s ‘A’ rating.  We took delivery of 7 new Gamechangers (4% more seats, 16% less fuel & CO₂) and benefitted from retrofitting winglets to c.65% of our B737NG fleet (1.5% lower fuel burn and 6% less noise).  All of our (409) NGs will be retrofitted by late 2026 and we expect to have all 210 Gamechangers in our fleet before the end of Feb., driving S.26 efficiencies.  The Groups significant investment in new technology, coupled with ambitious SAF commitments, positions Ryanair as one of Europe’s most environmentally efficient airlines.

BASELESS AGCM FINE

In late December the Italian AGCM levied a baseless €256m fine against Ryanair for our direct distribution to consumers policy in Italy.  This fine, will we believe, be overturned on appeal as it ignores and contradicts the Milan Court of Appeal ruling in Jan. 2024 which ruled that Ryanair’s direct distribution model

• “undoubtedly benefit[s] consumers” by leading to lower fares
• is “economically justified in terms of containing operating costs, and eliminating the costs associated with intermediation in ticket sales”
• “contribute[s] to…..a direct channel of communication…for any possible need for information and updates on flights”.

Both we and our Italian legal advisors are confident that the Courts will overturn this AGCM ruling on appeal.

OUTLOOK

We now expect FY26 traffic to grow 4% to almost 208m passengers (previously 207m), due to strong demand and earlier than expected Boeing deliveries.  Unit costs have performed well, and we continue to expect only modest FY26 unit cost inflation as our B-8200 deliveries, fuel hedging and effective cost control helps offset increased ATC charges, higher enviro. costs and the roll-off of last years delivery delay compensation.  While Q4 doesn’t benefit from Easter, fares are trending ahead of prior year and we now believe full-year fares will exceed the +7% growth previously guided by 1% or 2%.  At this stage, we are cautiously guiding FY26 PAT (pre-exceptional) in a range of €2.13bn to €2.23bn.  The final FY26 outcome remains exposed to adverse external developments in Q4, incl. conflict escalation in Ukraine and the Mid. East, macro-economic shocks and any further impact of repeated European ATC strikes & mismanagement.”   

ENDS

Certain of the information included in this release is forward looking and is subject to important risks and uncertainties that could cause actual results to differ materially and that could impact the price of Ryanair’s securities. Forward looking statements are based on management’s beliefs and assumptions and on information currently available to management. Ryanair has no obligation to update any forward looking statements contained in this release, whether as a result of new information, future events, or otherwise. It is not reasonably possible to itemise all of the many factors and specific events that could affect the outlook and results of an airline operating in the European economy and the price of its securities. Among the factors that are subject to change and could significantly impact Ryanair’s expected results and the price of its securities are the airline pricing environment, fuel costs, competition from new and existing carriers, market prices for the maintenance and replacement of aircraft, costs associated with environmental, safety and security measures, actions of the Irish, U.K., European Union (“EU”) and other governments and their respective regulatory agencies, litigation, post-Brexit uncertainties, changes in the structure of the European Union, any further change in the restrictions on the ownership of Ryanair’s ordinary shares and the voting rights of its shareholders and ADR holders, including as a result of regulatory changes or the actions of Ryanair itself, weather related disruptions, ATC strikes and staffing related disruptions, aircraft availability and delays in the delivery of contracted aircraft, dependence on external service providers and key personnel, supply chain disruptions, tariffs, fluctuations in corporate tax rates, currency exchange rates and interest rates, airport access and charges, labour relations, the economic environment of the airline industry, the general economic environment in Ireland, the U.K. and Continental Europe, continued acceptance of low fares airlines, the general willingness of passengers to travel, war, geopolitical uncertainty and other economic, social and political factors, significant outbreaks of airborne disease and global pandemics such as Covid-19 and unforeseen security events, terrorist attacks and cyber-attacks. There may be other risks and uncertainties that Ryanair is unable to predict at this time or that Ryanair currently does not expect to have a material adverse effect on its business.

MUST IRELAND WAIT UNTIL U.S BLOCKS AER LINGUS FLIGHTS, OR CANCELS MARTIN’S WHITE HOUSE VISIT, BEFORE DUBLIN’S ILLEGAL CAP IS SCRAPPED??

Ryanair, Europe’s largest airline, today (Wed, 21 Jan) called for Micheál “do-nothing” Martin to return immediately from this week’s “doss in Davos”, and pass Legislation to scrap Dublin Airport’s illegal cap before the end of January. Otherwise, Ireland runs the real risk, that the Trump Administration will block Aer Lingus flights landing in the USA, or even worse, Micheál Martin’s March trip to the White House. Micheál Martin’s inaction on the Dublin Airport cap is indefensible, 13 months after his 20-seat majority Govt published their Program in Jan 2025, promising that the Dublin cap would be scrapped “as soon as possible”. Sadly, in Micheál Martin’s world “as soon as possible” means 1, 2, or 3 years maybe later.

The inaction of Micheál Martin’s Govt is an embarrassment. Airlines 4 America have now filed a complaint with the U.S DOT, calling on the U.S Govt to take reciprocal action against Ireland for its indefensible failure to scrap the cap. The main reason for this inaction is Micheál Martin’s never-ending “worldwide tour”, which last year included visits to Canada, Brazil, South Africa, Angola, and frequent trips to Brussels. Already in Jan, he has been to China, and this week he is wasting more time “dossing in Davos” getting his photo taken, while his Govt delivers zero action here at home. What chance has Ireland got of real reform on housing or infrastructure, when Micheál Martin’s Govt (with a 20-seat majority) haven’t scrapped the Dublin Airport cap, 13 months after they promised to do “as soon as possible”.

Irish airports can grow, but only if Micheál Martin acts NOW to scrap the Dublin cap, freeze the DAA’s high fees, and reform Europe’s unfair ETS taxation scam. Ryanair could grow its Irish traffic by 50% from 23m to 35m passengers by 2032, base an additional 20 aircraft in Ireland ($2bn invest), and create thousands more jobs across Ireland, but we need Govt action on aviation and tourism.

Ryanair CEO Michael O’Leary said:

“Micheál Martin’s failure to scrap the cap 13 months after he promised to do – despite a majority of 20 seats – is an international joke. The time has passed for promises, cabinet discussions, heads of bills, or any more delay. It’s time for action! In Feb, the European Court of Justice will rule on Ireland’s illegal cap, which is in breach of Europe’s Charter on freedom of movement. This cap is also contrary to the EU – U.S open skies agreement. After 13 months of inaction,  Airlines 4 America has now made a complaint to the U.S DOT, calling for immediate action to force Ireland to scrap this illegal cap. None of this would be necessary, if our “do-nothing” Taoiseach and his “do-nothing” Govt had delivered their (Jan 2025) promise to scrap this cap as soon as possible.

The problem Ireland suffers is a “do-nothing” Taoiseach leading a “do-nothing” Govt. Micheál Martin prefers overseas trips rather than delivering real action on his Govt Program here at home. It’s time for Micheál Martin to scrap the cap, or quit. His failure to deliver, and that of his Govt, is indefensible and inexplicable.

The NAMA Legislation was passed within 24hours. Why can’t his Govt pass the Legislation to scrap this cap within 1 week or 1 month? He has a 20-seat majority, he’s had 13 months to pass this law, so he should get on with the job and allow the airlines – both Ryanair, and American – to continue to grow traffic, tourism, and economic wealth for Ireland. In 2025 Dublin Airport handled 36.4m pax, which is 4.2m more than the cap. This cap is not only illegal, but is completely outdated and irrelevant.  

It’s time for Micheál Martin to spend more time at home, delivering his Program for Govt (“scrap the cap”), and if necessary, send his Ministers overseas on junkets. If Micheál Martin spent more time at home, and less on his never-ending “worldwide tour”, then the illegal Dublin Airport cap would already be scrapped, and real reform on housing and infrastructure would be delivered as well.”

Ryanair, Europe’s No.1 airline, today (Tues, 20 Jan) revealed that 2025 was its busiest-ever year in Slovakia, following the airlines record schedule and addition of a third based aircraft ($300m investment) at Bratislava, in response to the Govt’s decision to cut access costs.

In 2026, Ryanair will grow even further in Slovakia, delivering 2m passengers (+70%), supporting over 1,500 local jobs, and offering 33 routes, including 10 exciting new routes to Alicante, Athens, Barcelona, Lamezia, Malaga, Naples, Palermo, Pisa, Tirana & Warsaw, as well as increased frequencies on 8 other routes.

Ryanair Head of Comms for CEE & Baltics, Alicja Wójcik-Gołębiowska, said:

“As Europe’s No.1 airline, Ryanair is pleased to announce that 2025 was our busiest-ever year in Slovakia, following our addition of a third based aircraft ($300m invest) at Bratislava in response to the Govt’s decision to cut access costs. Ryanair’s record growth in Slovakia has been stimulated by Slovakia’s aviation growth policies, including lower ATC charges and zero enviro taxes, which give Slovak citizens/visitors even more low fare travel choices, while strengthening Bratislava’s position as a key aviation hub in Central Europe.

Ryanair is working closely with our Slovak partners to deliver another record year in 2026, which will see Ryanair’s traffic in Bratislava grow to 2m passengers, offering 10 new routes, and supporting over 1,500 local jobs, including 100 Ryanair jobs for pilots, cabin crew and engineers.”

Ryanair, Europe’s No.1 airline, today (Tues, 20 Jan) revealed that 2025 was its busiest-ever year in Malta, following the airlines record schedule and addition of a ninth based aircraft ($900m investment) for the Winter season, growing traffic to 5.2m passengers (+15%) in 2025 and delivering even more choice and low fares for Maltese citizens/visitors.

Ryanair will continue to grow in Malta in 2026, with the airline due to launch its Summer 2026 schedule in the coming weeks.

Ryanair’s Director of Comms, Jade Kirwan, said:

“As Europe’s No.1 airline, Ryanair is pleased to announce that 2025 was our busiest-ever year in Malta, following our addition of a ninth based aircraft ($900m invest) from November and record schedule, growing Ryanair’s Malta traffic by 15% to 5.2m passengers in 2025 and delivering even more choice and low fares to Maltese citizens/visitors.”