Ryanair reached a significant milestone by exceeding 200 million passengers for the first time, yet reported a profit decline to â¬1.61 billion, down from â¬1.92 billion. The decline in profitability is linked to the passenger cap imposed by Fingal County Council, limiting airport use. Michael O'Leary criticized the government for inaction regarding commitments to abolish the cap, which affects future passenger numbers, particularly for US and Canadian airlines looking to serve Dublin. A proposal for long-term resolution is needed to avert further reductions in capacity.
The Government has been in place for five months with a 20 seat majority and nothing has been done, despite election commitments, to sort this out.
There are likely to be 36 million passengers through the airport this year, but as things stand that will have to be cut back in 2026 unless action is taken to change or scrap the cap.
The Programme for Government included a commitment to removing the passenger cap and Michael O'Leary said he'd met Transport Minister Darragh O'Brien, 'who talks the talk' on the issue but has yet to act.
The Irish headquartered airline flew more than 200 million passengers in its latest 2025 financial year, a record not just for Ryanair but the airline industry.
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