Ryanair CFO Sorahan on Demand, Fuel Hedging, Prices

The transcript discusses the airline's market outlook, fleet expansion, and capacity plans for summer 2022. It highlights strategies for fuel hedging and cost management, emphasizing the airline's strong position compared to competitors. The impact of relaxed travel restrictions in the UK and Ireland on bookings is noted, along with potential geopolitical concerns in Ukraine. The airline is optimistic about growth opportunities in Europe and anticipates a strong summer season.

What was one of the main reasons for the airline's loss in the quarter?

• New aircraft purchases

• Omicron variant impact

• Increased fuel prices

• Labor strikes

What is the expected customer growth for the airline by March 2026?

• 165 million

• 225 million

• 100 million

• 300 million

What is a key feature of the new Boeing 737 aircraft introduced to the fleet?

• 10% faster

• 16% less fuel burn

• 50% quieter

• 20% more seats

How has the airline managed to keep fuel costs under control?

• Switching to electric planes

• Hedging fuel prices

• Increasing ticket prices

• Reducing flight frequency

What decision did the airline make regarding its pilots and cabin crew during the COVID crisis?

• Laid off a significant number

• Reduced their salaries

• Hired new staff

• Kept them current

What has been the impact of relaxed travel restrictions in the UK and Ireland?

• No change in bookings

• Increase in bookings

• Cancellation of flights

• Decrease in bookings

What is the European Digital Code Certificate primarily used for?

• Currency exchange

• Hotel bookings

• Travel passport

• Health insurance