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Jul 20 2026, 06:50 IST/BST
Ryanair Holdings
Perfectly positioned for a tough environment
- Sectors : Airlines
- Companies : Ryanair Holdings
DAVY VIEW
Ryanair’s effectively debt-free balance sheet and unencumbered aircraft fleet, order book and overall market position will see a widening cost advantage over its competitor set. It doesn’t surprise us that the market is a little softer this summer. We expect significant market capacity pullbacks this winter. Reflecting a slightly softer revenue environment, we are shaving our FY27 profit after tax (PAT) estimates to c.€1877m (currently €1916.5m).
