Q1 profit after tax fell 34% year-over-year to €538m as higher unhedged fuel costs and lower fares offset 6% traffic growth. Revenue rose 1% to €4.38bn, but operating costs surged 11%. FY27 traffic is expected to grow 4%, but profit guidance remains highly sensitive to external risks.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.