Ryanair Holdings plc provided traffic and earnings guidance for the fiscal year 2023. For the year, the company modestly raising its traffic guidance to 168 million passengers against previous guidance of 166.5 million passengers, up 13% on pre-Covid traffic. The company is hopeful that it will minimise its winter losses which would enable to deliver PAT (pre-exceptionals) in a range of EUR 1.00 billion to EUR 1.20 billion.

This cautious guidance will remain hugely dependent on not suffering adverse events this Winter.