Ryanair is confident that Boeing will ramp up its production of 737 MAX jets to 38 per month this summer and that it will be allowed by the administration of U.S. President Donald Trump to then increase that to 42,
Ryanair expects Boeing to produce 38 of its 737 MAX planes per month by the end of the summer and possibly up to 42 by October, subject to U.S. Federal Aviation Administration approval, Ryanair CEO Michael O'Leary said on Monday.
Ryanair expects to receive 38 Boeing 737 planes by the end of the summer and possibly up to 42 by October if the U.S. Federal Aviation Administration approves deliveries of the additional jets, Ryanair CEO Michael O'Leary said on Monday.
Ryanair has announced seven new London-Stansted routes but wants UK airport tax scrapped saying it is stifling growth in the UK economy.
Ryanair Holdings plc (NASDAQ:RYAAY) stock is trading higher after it reported its third-quarter 2025 results. RYAAY reported revenue growth of 10% year-over-year to 2.96 billion euros ($3.158 billion,
Ryanair ( RYAAY) ( OTCPK:RYAOF) Chief Executive Michael O’Leary estimates that plane maker Boeing ( NYSE: BA) will be able to lift output of its 737 Max jetliners to 38 a month by the end of summer and possibly to 42 by October if aviation authorities approve, Reuters reported Monday.
Ryanair Holdings Plc lowered its passenger growth target for a second time in three months as Boeing Co. struggles to deliver aircraft following a debilitating strike by workers last year.
The budget airline reported an increase in earnings after passenger numbers and average fares rose in the third quarter of fiscal 2025, but Boeing delivery delays are expected to weigh on the company next year.
Ryanair said on Monday it no longer expects Boeing to deliver sufficient aircraft to facilitate a 2026 target of 210m passengers.
Delays in Boeing 737 Max delivery impacted Ryanair ( NASDAQ:RYAAY) negatively, forcing Ryanair to revise its passenger forecast down to 206 million passengers only for the fiscal year 2026 from the initially anticipated 210 million passengers.
Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped nearly 8%, despite the company recording its biggest annual loss in four years.