The budget carrier’s prediction came as it recorded a €170 million profit in the three months to 30 June (Q1), a year-on-year swing of €443 million from the €273 million Q1 loss it reported a year ago, albeit still short of the €243 million Q1 profit it recorded in Q1 2020.
Ryanair carried 45.5 million passengers in Q1 2022 on a load factor of 92%, up from 8.1 million in Q1 2021 when load factor was 73%. Carryings were also 9% ahead of pre-Covid levels for the pre-summer quarter despite Easter bookings and fares being "badly damaged" by Russia’s invasion of Ukraine in February.
