Ryanair reported a record profit of €2.26 billion for the year ending March 2026, a 40% increase from the previous year, despite challenges like oil price volatility and Boeing delivery delays. Passenger numbers rose to 208.4 million, with revenue up 11% to €15.54 billion. CEO Michael O’Leary emphasized the airline's strong fuel hedging strategy amidst geopolitical risks, particularly in the Middle East. While summer bookings are strong, the airline faces ongoing constraints from aircraft shortages and supply chain issues.