In the 2022/2023 fiscal year, Ryanair's net profit amounted to 1.3 billion euros. This was significantly higher compared to the previous year when the company registered a net loss of 240.8 million euros.
Commercial airline profits
Net profits of worldwide commercial airlines were at an all time high in 2017. However, airlines operating were set to see a pronounced decline in profits due to the coronavirus pandemic. Even in 2022, airline companies couldn't reach the pre pandemic years' levels.
Net profit of Ryanair from 2010 to 2023
(in million euros)
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Ryanair. (July 21, 2023). Net profit of Ryanair from 2010 to 2023 (in million euros) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/756093/ryanair-net-profit/
Ryanair. "Net profit of Ryanair from 2010 to 2023 (in million euros)." Chart. July 21, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/756093/ryanair-net-profit/
Ryanair. (2023). Net profit of Ryanair from 2010 to 2023 (in million euros). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/756093/ryanair-net-profit/
Ryanair. "Net Profit of Ryanair from 2010 to 2023 (in Million Euros)." Statista, Statista Inc., 21 Jul 2023, https://www.statista.com/statistics/756093/ryanair-net-profit/
Ryanair, Net profit of Ryanair from 2010 to 2023 (in million euros) Statista, https://www.statista.com/statistics/756093/ryanair-net-profit/ (last visited July 22, 2024)
Net profit of Ryanair from 2010 to 2023 (in million euros) [Graph], Ryanair, July 21, 2023. [Online]. Available: https://www.statista.com/statistics/756093/ryanair-net-profit/