Ryanair Holdings March Passenger Traffic Rises; Updates FY22 Guidance

Ryanair Holdings plc (RYA.L,RYAAY) said, in March 2022, it carried 11.2 million guests, compared to 0.5 million, a year ago. The Group noted that March traffic was impacted by the Russian invasion of Ukraine which caused 2,000 flights to/from Ukraine to be cancelled in the month. Ryanair operated over 67,800 flights in March. Load factor was 87% compared to 77%, prior year.

For the rolling annual period, load factor was 82% compared to 71%, last year. Rolling annual traffic increased to 97.1 million guests from 27.5 million.

Ryanair said it expects to report a pre-exceptional fiscal 2022 net loss of between 350 million euros and 400 million euros. The previously guided loss range was 250 million euros to 450 million euros.

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