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Provisions

12 Months Ended

Mar. 31, 2025

13. Provisions


	At March 31,
	2025	2024	2023
	€M	€M	€M
Provision for aircraft maintenance on leased aircraft (a)	194.6	184.1	169.8
Provision for pension obligation (b)	—	—	4.5
	194.6	184.1	174.3



	At March 31,
	2025	2024	2023
(a) Provision for aircraft maintenance on leased aircraft	€M	€M	€M
At beginning of year	184.1	169.8	98.8
Increase in provision during the year	18.5	27.5	71.0
Utilization of provision upon the hand-back of aircraft	(8.0)	(13.2)	—
At end of year	194.6	184.1	169.8

During FY25, the Company returned 1 Airbus A320 aircraft held under lease to the lessor (FY24: 2; FY23: 1). The expected timing of the outflows of economic benefits associated with the provision at March 31, 2025, 2024 and 2023 are as follows:

Carrying

Value

2026

2027

2028

2029

Thereafter

€M

At March 31, 2025

Provision for leased aircraft maintenance

194.6

53.5

14.5

42.2

50.9

33.5

Carrying

Value

2025

2026

2027

2028

Thereafter

€M

At March 31, 2024

Provision for leased aircraft maintenance

184.1

46.0

17.4

3.8

35.1

81.8

Carrying

Value

2024

2025

2026

2027

Thereafter

€M

At March 31, 2023

Provision for leased aircraft maintenance

169.8

19.8

30.1

10.4

5.4

104.1



	At March 31,
	2025	2024	2023
(b) Provision for pension obligation	€M	€M	€M
At beginning of year	—	4.5	4.5
Movement during the year	—	(4.5)	—
At end of year	—	—	4.5

See Note 20 to the consolidated financial statements for further details.