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Ryanair Issues Impressive Traffic Numbers for November 2025

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Key Takeaways

  • Ryanair reported 13.8M November passengers, up 6% year over year, with a steady 92% load factor.
  • The carrier operated over 78,000 flights in November and continues to see robust post-pandemic demand.
  • Ryanair raised its fiscal 2026 traffic outlook to 207M passengers on early Boeing deliveries and solid demand.

Ryanair Holdings (RYAAY - Free Report) , a European carrier, reported solid traffic numbers for November2025, driven by upbeat air-travel demand.

The number of passengers transported on Ryanair flights was 13.8 million in November2025, reflecting a 6% year-over-year increase. The Novemberload factor (percentage of seats filled by passengers) of 92% remained flat on a year-over-year basis, reflecting consistent passenger demand for the airline's services.  RYAAY operated more than 78,000 flights in November2025.

Passenger volume has been robust at Ryanair, following the end of the pandemic and normalization of economic activities. With travel bookings rising across the industry, Ryanair’s passenger revenues are also increasing. Because of this air-travel demand strength, RYAAY's traffic grew 9% to 183.7 million passengers in fiscal 2024.

Further, we would like to remind investors that Ryanair carried 200.2 million passengers (traffic up 9% year over year) in its fiscal year ending March 2025, positioning itself as the first European airline to reach 200 million passengers in a single year. As a result, RYAAY is now the world’s leading low-fare airline in terms of passenger traffic, with low fares and reduced costs acting as the main catalyst. 

During the first half of fiscal 2026, RYAAY’s traffic grew 3% year over year to 119 million passengers. Given the aforesaid encouraging backdrops, Ryanair has unveiled its raised traffic outlook for fiscal 2026 (concurrent with its second-quarter fiscal 2026 earnings release on Nov. 3, 2025). Ryanair now expects its fiscal 2026 traffic to grow by more than 3% to 207 million passengers (prior view: 206 million), owing to earlier than expected Boeing (BA - Free Report) deliveries and solid demand during the first half of fiscal 2026.

RYAAY’s Zacks Rank & Price Performance

RYAAY currently carries a Zacks Rank #3 (Hold).

Shares of RYAAY have gained 51.7% so far this year, outperforming 6.8% growth of the Zacks Airline industry.

RYAAY Stock YTD Price Comparison

Zacks Investment Research Image Source: Zacks Investment Research

Stocks to Consider

Investors interested in the Transportation sector may also consider LATAM Airlines Group (LTM - Free Report) and SkyWest, Inc. (SKYW - Free Report) . Each stock presently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

LTM has an expected earnings growth rate of 52.63% for the current year. The company has a solid earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters, and met in the remaining one, delivering an average beat of 29.84%. The Zacks Consensus Estimate for LTM’s 2025 earnings has moved 5.34% north in the past 60 days.

SkyWest has an expected earnings growth rate of 32.95% for the current year. It has an impressive earnings surprise history. The company’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, delivering an average beat of 21.24%. The Zacks Consensus Estimate for SkyWest’s 2025 earnings has moved 3.82% north in the past 60 days.

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