Ryanair 'hopeful' of hitting 1 billion euro profit this year – CEO

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“Will we get back to profitability of over a billion (euros)? I’m hopeful. But again there is too much uncertainty this winter over Ukraine, and also the recession,” said O’Leary, who in late July told investors it was too soon to provide meaningful profit guidance for the year to March 31, 2023.

“Hopefully we’ll get back to profitability of over a billion but not certain. Put it this way: we are doing our best,” O’Leary said.