Update: Ryanair August Traffic Rises 6%; Cuts 2027 Traffic Target

06:07 AM EDT, 09/02/2026 (MT Newswires) -- (Updates with details on traffic targets, other details and share activity between the third and sixth paragraphs) Ryanair (RYAAY) August traffic reached 22.2 million guests, up 6% from a year earlier, the company said Wednesday. The airline operated more than 120,500 flights in the month, and reported a load factor of 96%, unchanged from a year earlier. The airline said it is cutting its fiscal 2027 traffic target to 214 million passengers from 216 million passengers, reducing its exposure to unhedged jet fuel during the winter months between November and March. Ryanair said it expects passenger traffic in the winter months to remain unchanged from a year earlier, with the one-off schedule cut set to lower losses for the period by 70 million euros to 100 million euros ($81 million - $115.7 million). The airline said short-haul airfares in Europe will likely increase if the high oil price environment remains, noting that less-hedged airlines will struggle to maintain capacity in the winter months. Ryanair shares were up 2% in recent Wednesday premarket activity.