The budget carrier on Monday (16 May) revealed a full-year net loss of €355 million for the year to 31 March 2022, down from in excess of €1 billion a year earlier, while passenger traffic recovered from 27.5 million to 97.1 million – albeit still 35% behind pre-Covid levels. Load factor was 82%, up from 71% in the year to 31 March 2021.
Boss Michael O’Leary, though, said Ryanair planned to grow passenger numbers in its 2022/23 full-year to 165 million, while the group is targeting 225 million annual passengers by full-year 2025/26.
