Subsidiary undertakings and related party transactions

12 Months Ended

Mar. 31, 2026

Subsidiary undertakings and related party transactions

Subsidiary undertakings and related party transactions

26. Subsidiary undertakings and related party transactions

The following are the principal subsidiary undertakings within the Ryanair Group.


			Registered	Nature of
Name		% Held in ordinary shares	Office	Business

Buzz (Ryanair Sun S.A.)		100	50A Domaniewska Street, 02-672 Warsaw, Poland	Airline operator
Lauda Europe Limited		100	191, Level 3, Triq Marina, Pieta' PTA 9041, Malta	Airline operator
Malta Air Limited		100	191, Level 3, Triq Marina, Pieta’ PTA 9041, Malta	Airline operator
Ryanair DAC		100	Airside Business Park, Swords, Co. Dublin, Ireland	Airline operator
Ryanair UK Limited		100	Enterprise House, 2^nd Floor, London Stansted Airport, England	Airline operator

Pursuant to Sections 314-316 of the Companies Act 2014, a full list of subsidiary undertakings will be annexed to the Company’s Annual Return to be filed with the Companies Registration Office in Ireland.

In accordance with the basis of consolidation policy, as described in Note 1 of these consolidated financial statements, the subsidiary undertakings referred to above have been consolidated in the financial statements of Ryanair Holdings plc for the years ended March 31, 2026, 2025 and 2024.

The total amount of remuneration paid to senior key management (defined as the Executive team reporting to the Board of Directors, together with all NEDs) amounted to €16.7m in the FY26 (FY25: €14.7m; FY24: €16.5m).


		Year ended
		March 31,
		2026		2025		2024
		€M		€M		€M
Basic salary and bonus		9.6		9.2		8.7
Pension contributions		0.2		0.2		0.2
NED fees		1.0		1.1		1.1
		10.8		10.5		10.0
Share-based compensation expense (non-cash technical accounting charge)		5.9		4.2		6.5
		16.7		14.7		16.5