Ryanair Holdings PLC‘s (NASDAQ:RYAAY) third quarter told two very different stories. The spreadsheet said demand is booming. The headlines said Elon Musk.
• Ryanair Hldgs stock is under selling pressure. Why is RYAAY stock trading lower?
On paper, the airline looked like a post-COVID-19 pandemic winner. Sales came in at $3.74 billion, narrowly beating expectations. Traffic climbed 6% to 47.5 million passengers, revenue per passenger ticked higher, and unit costs stayed flat.
Boeing Co (NYSE:BA) deliveries are accelerating, the fleet is now 643 aircraft, and fuel is 80% hedged — a rare luxury in airline math. Management even boosted its 2026 outlook.
Then came the earnings shock.
The Italian Fine
Earnings landed at seven cents per …