Ryanair (RYA) Investor presentation summary

Strategic position and growth

• Maintains lowest fare and cost position among EU airlines, with a widening gap over competitors.

• Leads in EU traffic with 208 million passengers in FY26 and targets 300 million by FY34.

• Operates 95 bases, 223 airports, and 647 aircraft across 36 countries, with 300 new B737s on order.

• Recognized as the top EU large-cap ESG airline by Sustainalytics.

• Financial strength and cost leadership position it as a long-term industry winner.

Legal, regulatory, and ownership updates

• EU ownership holding increased to 30% by March 2026, enabling MSCI & FTSE Russell index inclusion.

• Voting restrictions remain, with calls for EU rule reform to restore full voting rights.

• Successfully defended cabin baggage policy in several countries; appealing fines in Spain (€107m) and Italy (€256m).

• Milan court affirmed direct distribution benefits consumers and reduces costs.

Safety and operational excellence

• Corporate Safety Strategy 2025-2029 emphasizes robust oversight, continuous improvement, and aviation security.

• Over 1,600 audits/inspections annually, with daily safety report reviews and quarterly board updates.

• Launched Titanium platform for enhanced safety oversight, real-time trend analysis, and risk management.