The budget airline expects to fly fewer passengers than hoped in fiscal 2026, cutting its passenger growth target yet again, due to Boeing plane delivery delays.

Ryanair Holdings plc (NASDAQ:RYAAY) stock is trading higher after it reported its third-quarter 2025 results. RYAAY reported revenue growth of 10% year-over-year to 2.96 billion euros ($3.158 billion,

For the entirety of its fiscal 2025, which ends March 31, the airline now expects “almost 200 million passengers,” as long as there is no further bad news on delivery delays from Boeing. At its fiscal half-year results presentation Nov. 4, 2024, Ryanair said it was targeting between 198 million and 200 million.

Ryanair , Europe's largest low-cost carrier, posted an after-tax profit for the three-month period ended Dec. 31 that beat analysts' forecasts on Monday, but revised down its passenger outlook on delays in Boeing aircraft delivery.

The budget airline reported an increase in earnings after passenger numbers and average fares rose in the third quarter of fiscal 2025, but Boeing delivery delays are expected to weigh on the company next year.

Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the three months through to the end of December.

Europe's largest low-cost airline anticipates attracting 206m customers in the 2026 financial year, equivalent to 3% annual growth.

Ryanair (LON:0RYA) has revised its fiscal 2026 passenger growth target to 206 million, down from the original 210 million, due to delays in Boeing (NYSE:BA) aircraft deliveries. The reduction reflects a modest