21-07-2025
FTSE 100 Live: UK Stocks to Drift as Trade Tensions Rumble
Ryanair has reported earnings and the budget airline operator saw a strong first quarter with net income more than doubling.
The Irish firm is aiming to recover most of last year's fare drop to achieve 'reasonable' profit growth in fiscal 2026.
It looks like the industry is starting to recover from supply-chain delays, while Ryanair also said that travel demand is strong across its network for the all-important summer window.
The update contrasts with recent results from peer easyJet, which took a hit after saying its profit will be weighed down by higher fuel costs and French air traffic control strikes.