Ryanair Holdings plc (RYAAY) Q3 2026 Earnings Call Transcript
Ryanair upgraded its fiscal 2026 guidance due to strong demand and earlier-than-expected Boeing aircraft deliveries.
Ryanair (RYAAY) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Ryanair maintains a 'Buy' rating as upside from FY26 earnings remains unpriced, and the stock has gained 14.2% since the last report. The economics of installing Starlink on RYAAY's fleet are unattractive, requiring high conversion rates and price points unlikely for low-cost, short-haul passengers. Regulatory barriers prevent Elon Musk from acquiring a controlling stake in RYAAY, limiting any potential takeover to a minority, non-voting position.
Elon Musk has said he could buy Ryanair amid an ongoing public spat with the budget airline's boss Michael O'Leary.
Ryanair Holdings PLC (LSE:RYA) chief executive Michael O'Leary said he has sent a free flight ticket to Elon Musk and launched a 'Big Idiot' seat sale after the billionaire called for him to be fired. Last week, after O'Leary ruled out the airline adopting internet connectivity using connectivity from Space's Starlink, Musk called the airline boss an "is an utter idiot.
Elon Musk and Michael O'Leary are calling each other idiots — but shareholders of both companies would reject that charge.
Elon Musk on Friday called Ryanair CEO Michael O'Leary an "utter idiot" who should be fired, escalating a public spat that began after the airline boss ruled out installing Musk's Starlink internet service on Ryanair aircraft.
RYAAY continues to benefit from upbeat passenger volumes and fleet-upgrade efforts. Its efforts to repay debts are encouraging too.
Ryanair (RYAAY) could produce exceptional returns because of its solid growth attributes.
Ryanair (RYAAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
RYAAY carried 14.5M passengers in December 2025, up 7% year over year, beating November levels as demand stayed strong and load factor held at 92%.