According to the airline’s yearly reports, the average fare was 21% higher than the previous year.
However, the corporation stated that ticket costs may be reduced in the near future.
Annual profits totaled €1.92 billion (£1.64 billion), exceeding the previous record of €1.45 billion (£1.26 billion) set in the fiscal year ended March 2018.
Passenger numbers also surpassed prior all-time highs, reaching 184 million, a 23% increase over the pre-COVID year of 2019.
Those customers paid rates that cost an average of 21% more than the year up to March 2023, but Ryanair’s CEO, Michael O’Leary, stated if the business has to do it.
