Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the three months through to the end of December.

The budget airline expects to fly fewer passengers than hoped in fiscal 2026, cutting its passenger growth target yet again, due to Boeing plane delivery delays.

For the entirety of its fiscal 2025, which ends March 31, the airline now expects “almost 200 million passengers,” as long as there is no further bad news on delivery delays from Boeing. At its fiscal half-year results presentation Nov. 4, 2024, Ryanair said it was targeting between 198 million and 200 million.