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Ryanair reported grounds summertime profits, but Chief Executive Michael O'Leary warned wintertime is "very fragile."
ATTILA KISBENEDEK / Contributor / Getty Images
Ryanair connected Monday reported grounds summertime profits, but CEO Michael O'Leary warned that the wintertime is apt to beryllium "very fragile."
"We look acceptable for a beardown wintertime but I'm conscious past twelvemonth we had omicron astatine the extremity of November which crushed Christmas and the Ukraine penetration crushed Easter," O'Leary told CNBC's "Squawk Box Europe" connected Monday.
The Irish hose posted its largest ever after-tax nett for the six months to September astatine 1.37 cardinal euros ($1.37 billion) connected Monday.
There was an anticipation that request could shrink arsenic the cost-of-living situation takes its toll connected household budgets crossed Europe, but appetite for question is inactive there, helium said.
"We've been waiting for request to tighten up but we've not seen it yet — but determination is simply a fragility there," O'Leary told CNBC. "[People] were locked up for 2 years [during the Covid-19 pandemic], question is 1 of the things they're going to support doing," helium said.
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