Why is Ryanair so profitable?

Ryanair has grown rapidly to become one of Europe's largest passenger airlines. In this short study video we look at some of the factors that help explain the rapid expansion of revenues and (until recently) operating profits.

Operating profits at Ryanair have taken off again after a turbulent time during and immediately after covid-19 restrictions. Ryanair reported a profit after tax of €211m for the three months to the end of 2022, against a loss of €96m a year previously. It is a return to profitability for one of the most successful low-cost airlines in the world.