Skip to main content

Ryanair eyes ticket price increases from Boeing 737 Max troubles

Ryanair eyes ticket price increases from Boeing 737 Max troubles

Ryanair eyes ticket price increases from Boeing 737 Max troubles

Fund next-gen business journalism with $10 a month

Search

Free Newsletters

Ryanair may raise summer ticket prices as Boeing's troubles raise costs

Boeing's troubles are seeping into airlines preparing for summer travel — the busiest time of the year. Budget-airline Ryanair has warned that a delay in deliveries of Boeing planes could lead to rising fares and cuts to its summer schedule.

Ryanair CEO Michael O'Leary said Friday that the airline was due to receive 57 Boeing MAX 8200 planes by the end of April, but was recently told by Boeing it would instead deliver about 50 aircraft by the end of June.

"We don't really know how many aircraft we're going to get from Boeing," O'Leary said in a press briefing reported by BBC and Reuters. "We're pretty sure we're going to get 30 to 40. We're reasonably confident we're between 40 and 45. And now we are far less confident we're going to get between 45 and 50."

Due to the delay, O'Leary said some of the cost would be passed to customers, leading to price increases about 5% to 10% this summer. Meanwhile, average fares could rise by 10 to 15 euros over the next five years, he said.

O'Leary said Ryanair might have to make some minor cuts to its summer schedule if it only receives 40 planes by the end of March. As a result, Ryanair would likely carry around 200 million travelers for the fiscal year starting in April — short of the projected 205 million, according to Reuters.

Boeing said in a statement that it has told its airline customers deliveries could be delayed as it overcomes issues with its planes and takes time to make sure its aircraft "meets all customer and regulatory requirements" — namely after an incident in January in which the panel of a Boeing 737 Max 9 plane ripped off during an Alaska Airlines flight.

"We deeply regret the impact this is having on our valued customer Ryanair," Boeing said. "We're working to address their concerns and taking action on a comprehensive plan to strengthen 737 quality and delivery performance."

O'Leary added that if other carriers, including United Airlines, decide to cancel orders of Boeing's MAX 737 10, Ryanair would buy them.

"I'd be delighted to take them as long as they get the right price," he said. "It would give us some growth in 2027 or 2028."

📬 Sign up for the Daily Brief

Our free, fast, and fun briefing on the global economy, delivered every weekday morning.

Comments

Popular posts from this blog

Bathroom Renovations Brighton

Bathroom Renovations Selecting the right color scheme for your bathroom can change the space. Whether you prefer bright hues, the color you choose can set the mood for your bathroom. Another important aspect of a bathroom renovation is illumination. From task lighting, the right lighting can boost the functionality and aesthetics of your bathroom. Don't forget about organization. Whether it's cabinets, having enough storage can keep your bathroom tidy and efficient. Lastly, conside Bathroom Renovations Brighton Renovation Pros 0466 344 447 20 Mcarthurs rd Altona North, Vic , 3025 https://sites.google.com/view/aussie-bathroom-renovations/brighton Supporting Sources target url Bathroom Renovations Brighton folder top Bathroom Renovations Brighton photo Bathroom Renovations Brighton photo Bathroom Renovations Brighton photo Bathroom Renovations Brighton photo Bathroom Renovations Brighton photo Bathroom Renovations Brighton spreadsheet Bathroom Renovations Brighton f...

Have you ever thought about the importance of cleaning mold in your home? Mold can grow quickly and can lead to serious health risks. If you spot mold, you should find cleaning services nearby to get help right away.

This article will explain why cleaning mold is so crucial, how to find local experts, and what to expect from their services. You’ll be ready to kick mold out of your house!

Have you ever thought about the importance of cleaning mold in your home? Mold can grow quickly and can lead to serious health risks. If you spot mold, you should find cleaning services nearby to get help right away. This article will explain why cleaning mold is so crucial, how to find local experts, and what to expect from their services. You'll be ready to kick mold out of your house! mold cleaning near me Mold is a type of fungi that grows in warm, moist places. It spreads by releasing tiny spores into the air. These spores can travel far and land anywhere, including your home. If you don't clean mold quickly, it can damage your walls and cause health problems. One of the first signs of mold is often a strange smell. If you notice a musty odor, take a closer look at corners, under sinks, and in your basement. Don't wait for it to get worse! The longer you wait, the more difficult it can be to clean. Cleaning mold is a job for professionals because they have special...

When fire strikes, it often feels like a nightmare. Your home, filled with cherished memories, can turn into a place of fear. But there’s a way to turn that frown upside down! Fire damage restoration can help breathe life back into your home.

This process helps clear out the remnants of a fire and restore safety. Join us as we explore the details of what fire damage restoration means for people just like you!

When fire strikes, it often feels like a nightmare. Your home, filled with cherished memories, can turn into a place of fear. But there's a way to turn that frown upside down! Fire damage restoration can help breathe life back into your home. This process helps clear out the remnants of a fire and restore safety. Join us as we explore the details of what fire damage restoration means for people just like you! fire damage restoration Fire damage restoration is the process that helps homes recover after a fire incident. It involves several steps starting with assessing the damage. Professionals will come to your home and look at everything that the fire affected. They check for burnt materials, smoke damage, and even water damage from extinguishing the fire. Once the assessment is complete, the real work begins! Clean-up crews will remove any burnt furniture and materials that can't be saved. Then, they focus on cleaning up soot and smoke remnants, using special tools. This ...