Speaking as the budget carrier posted its financial results for the year to 31 March, chief executive Michael O’Leary said the airline has "enormous growth opportunities" moving forward.
It comes as Ryanair prepares to operate its biggest schedule this summer with almost 2,500 routes and more than 3,000 daily flights as it profits from a rebound in demand off the back of the Covid-19 pandemic.
The carrier reported a Q4 loss of €154 million but a full-year profit after tax of €1.43 billion, compared to a loss of €355 million in the previous 12 months, driven by strong traffic recovery, improving fares, a robust cost base and advantageous fuel hedging.