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Ryanair bumps up passenger forecast after summer surge

A Ryanair Boeing 737 airplane takes off from the airport in Palma de Mallorca.

Ryanair is expecting to fly 100m passengers during this financial year after a surge in summer bookings in recent weeks, although it warned that it does not expect to make a profit this year.

The Irish airline increased its passenger forecast to between 90m and 100m for the 12 months to the end of March 2022, thanks to the coronavirus vaccination programme and the easing of some travel restrictions.

It expects to carry larger numbers of passengers over the summer, almost doubling from 5m passengers in June to almost 9m in July, and reaching 10m in August, provided there are no further setbacks as a result of Covid.