In recent weeks, the debate about whether people prefer to go on vacation by train or bus instead of by plane has grown again. All the more astonishing are the figures of Ryanair for the 2nd quarter!

In the 1st business quarter, Ryanair achieved a profit of 663 million euros - which was even more than analysts had expected! The high profit was achieved, among other things, by the increase in ticket prices. Ticket prices increased by an average of 42% year-on-year.

Aircraft utilization has also improved and revenue has increased by a full 40% to 3.65 billion euros.

But despite these strong numbers, Ryanair's stock is down nearly 4% at times. Perhaps that has to do with the muted outlook for the full fiscal year to the end of March 2024, as they now only expect growth to 183.5 million passengers, instead of the 185 million previously targeted.

RyanAir would not be an investment for me despite the good numbers. What is your view? Can you find the $RYA (-0.42%) share in your portfolio?