🔴 Ryanair is trading 6% down today after weak Q1 profit and lower summer fare guidance

Ryanair is trading 6% down at €24.41 after reporting weaker-than-expected Q1 profit and signaling softer summer fares.

• Average fares dropped 6% year-over-year during the April–June quarter, with management expecting summer pricing to remain modestly below last year's levels.
• The airline cited higher jet-fuel costs, the Middle East conflict, and a trend toward later bookings as primary factors weighing on pricing power and investor sentiment regarding winter demand.