Budget Airline Ryanair Posts Record Annual Profit Amid Strong Passenger Growth

Ryanair Achieves Record Annual Profit

Ryanair, the Dublin-based budget airline, has reported a record full-year profit after tax increase of 34%. This substantial growth was largely driven by a surge in passenger numbers, surpassing pre-Covid levels. The company's strong financial performance has led to the announcement of a 700-million-euro share buyback program, highlighting its commitment to enhancing shareholder value.