XML 66 R47.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Provisions (Tables)
12 Months Ended
Mar. 31, 2024
Disclosure of other provisions [line items]  
Summary of provisions

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At March 31, 

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2024

    

2023

    

2022

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€M

 

€M

 

€M

Provision for aircraft maintenance on leased aircraft (a)

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184.1

 

169.8

 

98.8

Provision for pension obligation (b)

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—

 

4.5

 

4.5

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184.1

 

174.3

 

103.3

Provision for aircraft maintenance on leased aircraft  
Disclosure of other provisions [line items]  
Schedule of reconciliation of provisions

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At March 31, 

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2024

    

2023

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2022

(a) Provision for aircraft maintenance on leased aircraft

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€M

 

€M

 

€M

At beginning of year

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169.8

 

98.8

 

53.2

Increase in provision during the year

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27.5

 

71.0

 

55.6

Utilization of provision upon the hand-back of aircraft

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(13.2)

 

—

 

(10.0)

At end of year

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184.1

 

169.8

 

98.8

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Schedule of expected timing of outflows of economic benefits from provisions

The expected timing of the outflows of economic benefits associated with the provision at March 31, 2024, 2023 and 2022 are as follows:

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Carrying

    

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Value

    

2025

    

2026

    

2027

    

2028

    

Thereafter

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€M

 

€M

 

€M

 

€M

 

€M

 

€M

At March 31, 2024

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Provision for leased aircraft maintenance

 

184.1

 

46.0

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17.4

 

3.8

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35.1

 

81.8

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Carrying

    

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Value

    

2024

    

2025

    

2026

    

2027

    

Thereafter

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€M

 

€M

 

€M

 

€M

 

€M

 

€M

At March 31, 2023

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Provision for leased aircraft maintenance

 

169.8

 

19.8

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30.1

 

10.4

 

5.4

 

104.1

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Carrying

    

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Value

    

2023

    

2024

    

2025

    

2026

    

Thereafter

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€M

 

€M

 

€M

 

€M

 

€M

 

€M

At March 31, 2022

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Provision for leased aircraft maintenance

 

98.8

 

9.2

 

23.3

 

56.7

 

9.6

 

—

Provision for pension obligation  
Disclosure of other provisions [line items]  
Schedule of reconciliation of provisions

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At March 31, 

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2024

    

2023

    

2022

(b) Provision for pension obligation

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€M

 

€M

 

€M

At beginning of year

 

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4.5

 

4.5

 

4.5

Movement during the year

 

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(4.5)

 

—

 

—

At end of year

 

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—

 

4.5

 

4.5