{"id":190259,"date":"2026-07-20T16:30:51","date_gmt":"2026-07-20T16:30:51","guid":{"rendered":"https:\/\/aviacionaldia.com\/?p=190259"},"modified":"2026-07-21T12:01:26","modified_gmt":"2026-07-21T12:01:26","slug":"ryanair-reports-34-drop-in-quarterly-profits-driven-by-surge-in-fuel-costs-amid-war-in-iran","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2026\/07\/ryanair-reports-34-drop-in-quarterly-profits-driven-by-surge-in-fuel-costs-amid-war-in-iran.html","title":{"rendered":"Ryanair Reports 34% Drop in Quarterly Profits Driven by Surge in Fuel Costs Amid War in Iran"},"content":{"rendered":"\n

Irish carrier Ryanair <\/strong>has released its financial results for its first fiscal quarter (April 1 to June 30), reporting a profit after tax of \u20ac538 million ($616 million). This figure represents a 34% drop compared to the same period last year, coming in below the \u20ac579 million projected by market analysts.<\/p>\n\n\n\n

The margin compression was primarily driven by higher operational jet fuel costs combined with downward pressure on airfares on the eve of the Northern Hemisphere’s peak summer season.<\/p>\n\n\n\n

Geopolitical Impact and Crude Oil Volatility<\/h2>\n\n\n\n

The armed conflict in Iran, now in its fifth month, continues to exert severe pressure on the continental aviation industry. Following the collapse of a temporary truce, the resumption of US military strikes on Iranian territory for nine consecutive days drove crude prices above $90 per barrel, dampening travel bookings amid shaky consumer confidence.<\/p>\n\n\n\n

\u201cThere is a war going on in the world. There is enormous uncertainty. We are right in the middle of the peak July and August period, and I think pricing trends are showing more weakness than strength,\u201d stated Ryanair CEO Michael O\u2019Leary during an analyst briefing.<\/p>\n\n\n\n

\u2192 Ryanair Records New June Record: 21.2 Million Passengers Carried<\/a><\/em><\/strong><\/p>\n\n\n\n

O\u2019Leary also forecasted that the airline’s average fares face a mid-single-digit year-on-year decline (between 4% and 6%) during the current quarter.<\/p>\n\n\n\n

Fuel Hedging Strategy<\/h2>\n\n\n\n

Despite the adverse macroeconomic environment, executive management highlighted its strong competitive position relative to other European carriers, underpinned by its fuel hedging position:<\/p>\n\n\n\n