Ryanair August traffic up 6%; trims 2027 target

Q: How did Ryanair (RYAAY) traffic perform in August 2026?

Ryanair carried 22.2 million guests in August 2026 versus 21.0 million in August 2025, a 6% increase. The load factor remained strong at 96%, matching the prior year, reflecting high seat occupancy across its network.

Q: How many flights did Ryanair (RYAAY) operate and cancel in August 2026?

Ryanair operated over 120,500 flights in August 2026. Over 400 flights were cancelled, which the company attributes to eruptions at Mt. Etna disrupting operations.

Q: What were Ryanair (RYAAY)’s rolling 12-month passenger numbers to August 2026?

For the rolling 12 months to August 2026, Ryanair reports 214.4 million guests, up from 203.6 million a year earlier, a 5% increase. The rolling load factor remained at 94% over the period.

Q: Did Ryanair (RYAAY) maintain its load factor in August 2026?

Yes. Ryanair reports an August 2026 load factor of 96%, unchanged from August 2025. On a rolling 12‑month basis to August 2026, the load factor was 94%, also unchanged from the prior year period.

Ryanair cut its full-year 2027 traffic guidance to 214 million guests from 216 million to reduce exposure to unhedged winter oil.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Ryanair Holdings plc (RYAAY) reports that August 2026 traffic increased, while slightly trimming its future traffic target to manage fuel exposure. August 2026 guests rose to 22.2 million from 21.0 million a year earlier, a 6% increase, with a stable 96% load factor. The airline operated over 120,500 flights in August, cancelling over 400 due to Mt. Etna eruptions.

On a rolling 12‑month basis to August 2026, guest numbers increased to 214.4 million from 203.6 million, up 5%, with a 94% load factor unchanged. The company states that full‑year 2027 traffic guidance has been reduced from 216 million to 214 million guests to reduce exposure to unhedged winter oil.

Key Figures

August 2026 guests: 22.2 million guests August 2026 load factor: 96% Rolling 12-month guests to August 2026: 214.4 million guests +4 more

7 metrics

August 2026 guests 22.2 million guests Passenger traffic for August 2026 versus 21.0 million in August 2025

August 2026 load factor 96% Seat occupancy for August 2026, unchanged from August 2025

Rolling 12-month guests to August 2026 214.4 million guests Rolling guests versus 203.6 million a year earlier, a 5% increase

Rolling 12-month load factor 94% Load factor on a rolling basis to August 2026, unchanged year-on-year

Flights operated in August 2026 Over 120,500 flights Total flights Ryanair operated in August 2026

Flights cancelled in August 2026 Over 400 flights Cancellations attributed to Mt. Etna eruptions

FY27 traffic guidance 214 million guests Traffic guidance reduced from 216 million to 214 million to reduce exposure to unhedged winter oil

Key Terms

foreign private issuer, load factor, unhedged winter oil, traffic guidance

4 terms

foreign private issuer regulatory

"Report of Foreign Private Issuer Pursuant to Rule 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

load factor financial

"L. Fact | 96% | 96% | -"

Load factor is a measure of how efficiently a transportation service, such as a plane, train, or bus, fills its available seats or space over a period of time. It is calculated by dividing the actual number of passengers or usage by the total available capacity. A higher load factor indicates better utilization, which can lead to more profitable operations and is important for investors assessing the efficiency and profitability of transportation companies.

unhedged winter oil financial

"REDUCE EXPOSURE TO UNHEDGED WINTER OIL"

traffic guidance financial

"FY27 TRAFFIC CUT FROM 216M TO 214M"

FAQ

How did Ryanair (RYAAY) traffic perform in August 2026?

Ryanair carried 22.2 million guests in August 2026 versus 21.0 million in August 2025, a 6% increase. The load factor remained strong at 96%, matching the prior year, reflecting high seat occupancy across its network.

What is Ryanair (RYAAY)’s updated FY27 traffic guidance?

Ryanair states that FY27 traffic guidance has been reduced from 216 million to 214 million guests. The company links this reduction to a decision to reduce exposure to unhedged winter oil.

How many flights did Ryanair (RYAAY) operate and cancel in August 2026?

Ryanair operated over 120,500 flights in August 2026. Over 400 flights were cancelled, which the company attributes to eruptions at Mt. Etna disrupting operations.

What were Ryanair (RYAAY)’s rolling 12-month passenger numbers to August 2026?

For the rolling 12 months to August 2026, Ryanair reports 214.4 million guests, up from 203.6 million a year earlier, a 5% increase. The rolling load factor remained at 94% over the period.

Did Ryanair (RYAAY) maintain its load factor in August 2026?

Yes. Ryanair reports an August 2026 load factor of 96%, unchanged from August 2025. On a rolling 12‑month basis to August 2026, the load factor was 94%, also unchanged from the prior year period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 07:33 AM Accepted by SEC EDGAR 09/02/2026 - 07:33 AM

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of September 2026

RYANAIR HOLDINGS PLC

(Translation of registrant's name into English)

c/o Ryanair Ltd Corporate Head Office

Dublin Airport

County Dublin Ireland

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual

reports under cover Form 20-F or Form 40-F.

Form 20-F..X.. Form 40-F...

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange

Act of 1934.

Yes .... No ..X..

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b): 82- ________

RYANAIR’S AUG. TRAFFIC GROWS 6% TO 22.2M

FY27 TRAFFIC CUT FROM 216M TO 214M TO

REDUCE EXPOSURE TO UNHEDGED WINTER OIL

Ryanair today (Wed. 2 Sept.) released Aug. 2026 traffic stats as follows:

	Aug. 25	Aug. 26	Change
Guests	21.0m	22.2m	+6%
L. Fact	96%	96%	-

Ryanair operated over 120,500 flights in Aug. Over 400 flights were cancelled due to Mt. Etna eruptions.

Rolling	Aug. 25	Aug. 26	Change
Guests	203.6m	214.4m	+5%
L. Fact	94%	94%	-

FY27 Traffic Cut from 216m to 214m:

Ryanair is on track to grow its summer traffic (Apl. to Oct.) by over 5% (from 138m) to 145m in S.26 (with Q2 fares, guided in July, trending “modestly down” y-o-y). With 80% of FY27 jet fuel hedged at c.$67bbl, the Group is well placed to record another profitable year, albeit below FY26’s record PAT. (It remains too early to provide meaningful PAT guidance).

In light of high unhedged oil prices (jet fuel currently trading at c.$140bbl), it is sensible to strategically reduce the Group’s exposure to unhedged jet fuel during the unprofitable winter schedule (from Nov. to Mar.). Ryanair’s FY27 traffic target is therefore cut from 216m to 214m passengers to reduce our exposure to unhedged oil this winter. We expect traffic from Nov. to Mar. will be broadly flat year-on-year.

Subject to pricing and passenger demand, Ryanair expects this one-off winter schedule cut to reduce Ryanair’s W.26 losses by €70m to €100m. If high oil prices continue through to S.27, Ryanair believes short haul airfares in Europe will increase materially to reflect higher oil prices, as some less well-hedged competitors will struggle to maintain capacity or even survive this coming winter season. A further update will be provided with our H1 Results in Nov.

ENDS

For further info

please contact:

Ryanair Press Office

T: +353-1-9451799

E: press@ryanair.com

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.