Europe's largest low-cost airline, Ryanair on Monday trimmed its passenger growth target for next year due to Boeing delivery delays, but said weakness in fares was moderating following a poor summer.

The aircraft maker's brutal year means the European budget carrier won't get new aircraft, curbing its forecasts.

The budget airline reported a fall in first-half net profit, missing analysts forecasts, and said it expects to carry fewer passengers in fiscal 2026 than forecast due to delays in plane deliveries.