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Ryanair Holdings plc

Ireland · Market cap: · P/E: · P/S:

Ryanair is a low-cost airline that flies passengers around Europe and makes extra money selling add-ons like bags, seat picks, and priority boarding.

Ryanair is Europe's biggest budget airline. It flies people to and from more than 200 airports across the continent, mostly on short hops of an hour or two. The pitch is simple: get from point A to point B for less than almost anyone else, and don't expect frills. No free snack, no reclining seat, no assigned seat unless you pay. What you get is a cheap ticket, and for a lot of travelers that's exactly what they want.

The ticket is only part of the money machine. Ryanair earns a big chunk of its revenue from extras — checked bags, choosing your seat, priority boarding, airport check-in, food and drinks on board, and its own travel insurance and car rental partners. These add-ons carry fat profit margins compared with selling seats, so the airline is happy to keep base fares low to get people on board and then sell them the extras. It also runs an app and a website that push these upgrades hard. The business advantage is cost. Ryanair flies one type of plane, the Boeing 737, which keeps maintenance and training simple and gives it huge buying power with Boeing. It crams more seats onto each aircraft than rivals, turns planes around on the ground fast, and flies to cheaper secondary airports that charge less in fees. All of that keeps its cost per passenger below competitors like easyJet and the legacy carriers, letting it undercut them on price and still make money.


Ryanair is a public company but its shares are mostly listed in Dublin and London; in the US they trade over the counter, which is why the ticker looks unusual. The airline is famously blunt and scrappy — its boss Michael O'Leary has spent decades picking fights with regulators, airports, and even his own customers to keep costs down. That attitude is a big part of why the company has grown into a giant: cheap flights, endless add-ons, and a relentless focus on being the lowest-cost operator in the sky.

Saved answer · last researched 15 Nov 2026