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Ryanair profits may come under 'a bit of pressure' if oil prices stay high, CEO says

Thu, 14th May 2026 16:24

DUBLIN, May ​14 (Reuters) - ⁠Ryanair's profits ​may come under "a bit of ​pressure" ‌in its fiscal ⁠year to the ⁠end of March ​2027 if oil prices remain high, group ​chief ‌executive Michael O'Leary said on Thursday.

"We're about to report ​multi-billions of profit ‌next Monday (for the year to end-March ‌2026). Our profits may well be under a ​bit of pressure for the ‌next 12 months if oil prices ⁠remain high ⁠for longer," ‌O'Leary told a news conference ​at ​the airline's ‌headquarters in Dublin. (Reporting by Padraic Halpin. Editing by Mark Potter)

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