Nov 04, 2024 / 10:00AM GMT
Michael O'leary - Ryanair Holdings PLC - Group Chief Executive Officer, Executive Director
Good morning, ladies and gentlemen. Welcome to the Ryanair H1 results conference call. We're joined by all the members of the team from different parts of the globe. And we'll -- I'm going to run through quick highlights. As Neil Sorahan, our group CFO, as usual, to give you a comment on the financial highlights, and then we will maximize the time for Q&A.
So you'll see this morning, we reported H1 after-tax profits of EUR1.8 billion, 18% lower than the prior year H1 profit of EUR2.18 billion. Highlights at the half year were traffic, strong growth, 9%, to a record of EUR115 million. It would have been higher, but for the repeated Boeing delays. At the key theme, with average fares fell in the half year by 10%, but the trend is improving. We were down 15% in Q1, down 7% in Q2. We'll turn to Q3 on -- when we look at forward guidance.
We have 170, 737 Gamechangers in a 608 aircraft fleet at the end of the half, and that had risen to 172 by the end of October. We have five new
Half Year 2025 Ryanair Holdings PLC Earnings Call (Q&A Session) Transcript
Nov 04, 2024
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