---
title: "Ryanair Trims FY27 Traffic Target as High Oil Prices Hit Winter Schedule"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297783244.md"
description: "Ryanair cut its FY27 traffic target from 216 million to 214 million passengers to mitigate exposure to high jet fuel costs during the loss-making winter season. Despite a 6% YoY rise in August 2026 traffic, the airline expects flat demand between November and March. This capacity reduction aims to reduce winter losses by €70-100 million. Analysts maintain a 'Buy' rating with a $74 price target, while TipRanks' AI assigns a 'Neutral' sentiment based on strong fundamentals offset by weak technical momentum."
datetime: "2026-09-02T12:00:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297783244.md)
  - [en](https://longbridge.com/en/news/297783244.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297783244.md)
generator: "portal-rs"
---

# Ryanair Trims FY27 Traffic Target as High Oil Prices Hit Winter Schedule

The latest announcement is out from Ryanair Holdings ( (RYAAY) ).

Ryanair reported that its August 2026 traffic rose 6% year-on-year to 22.2 million guests, with load factors steady at 96%, despite over 400 flight cancellations triggered by Mt. Etna eruptions. Rolling annual traffic to August 2026 increased 5% to 214.4 million passengers, underscoring continued growth across its European network.

On September 2, 2026, the airline said it will cut its FY27 traffic target from 216 million to 214 million passengers to limit exposure to unhedged jet fuel during the loss-making winter schedule, when oil is around $140 a barrel. Ryanair expects broadly flat traffic between November and March year-on-year and forecasts the one-off capacity reduction could trim winter 2026 losses by €70 million to €100 million, potentially pressuring less well-hedged rivals as higher fuel costs feed through to European short-haul fares.

The most recent analyst rating on (RYAAY) stock is a Buy  
 with a $74.00 price target.  
 To see the full list of analyst forecasts on Ryanair Holdings stock,  
 see the RYAAY Stock Forecast page. 

**Spark’s Take on RYAAY Stock**

According to Spark, TipRanks’ AI Analyst, RYAAY is a Neutral.

The score is supported primarily by strong financial performance (notably a conservative balance sheet and solid profitability/revenue growth) and a reasonable valuation. It is held back by weak technical momentum (price below key moving averages with negative MACD) and a mixed earnings-call outlook featuring a sharp Q1 profit decline, weaker near-term pricing, and limited H2 visibility.

To see Spark’s full report on RYAAY stock,  
 click here. 

**More about Ryanair Holdings**

Ryanair Holdings plc is Europe’s largest low-cost airline group, operating short-haul flights across the continent with a focus on budget travel and high passenger volumes. The carrier relies on dense schedules, high load factors, and fuel hedging strategies to sustain profitability in a competitive, price-sensitive market.

**Average Trading Volume:** 1,296,809

**Technical Sentiment Signal:** Buy

**Current Market Cap:** $27.86B

For a thorough assessment of RYAAY stock, go to TipRanks’ Stock Analysis page.

### Related Stocks

- [RYAAY.US](https://longbridge.com/en/quote/RYAAY.US.md)
- [RYA.UK](https://longbridge.com/en/quote/RYA.UK.md)

## Related News & Research

- [Ryanair CEO says winter fares may rise after slight upturn](https://longbridge.com/en/news/298581755.md)
- [Ryanair publishes presentation for 2026 AGM](https://longbridge.com/en/news/298599080.md)
- [Ryanair CEO sees 'significant' rise in airfares if oil prices remain high into 2027](https://longbridge.com/en/news/298559056.md)
- [Ryanair's O'Leary accuses UK air traffic control boss of lying over outage](https://longbridge.com/en/news/298580968.md)
- [Michael O’Leary demands sacking of ‘incompetent’ air traffic chief](https://longbridge.com/en/news/298626957.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**