Ryanair CEO reports progress in Max 10 talks with Boeing

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Talks between Ryanair and Boeing on an order for 230-seat Max 10 planes continue, but the parties have yet to reach a price agreement, Ryanair Group Managing Director Michael O’Leary said on Tuesday. during a press briefing in Brussels. “We are making progress,” he said. AIN. “We hope to reach an agreement on the price of a new order before the summer of 2022.” He added that the size of the order would depend on the price. “It will be somewhere between 100 and 200 planes,” he noted.

Ryanair is the largest European customer of the 737 Max, having placed firm orders for 210 of the Max 8-200 variant. The Irish low-cost carrier received its first Max 8-200 configured with 197 seats in June and has now taken delivery of 12 of this type. Schedules call for an additional 55 people to join the group’s fleet before next summer.

O’Leary called a new commitment from Ryanair Max “important” for both parties, and in particular for Boeing, because the American aircraft manufacturer needs an order to compensate for the many delays in deliveries and cancellations of orders that it faces. ‘he recorded. “As the largest consumer of Boeing in Europe, it is important that Ryanair continues to invest in Boeing aircraft as most [low-cost] airlines in Europe are Airbus customers, ”he noted. EasyJet, Wizz Air and Vueling, for example, operate aircraft from the Airbus A320 family, and Eurowings’ short-haul fleet also consists primarily of A320 family aircraft. British company Jet2 announced Tuesday that it has ordered 36 A321neo as part of its fleet expansion and renewal plans. In addition to a few leased A321s, Jet2 currently uses 737s on short and medium haul services. “We’re like Boeing’s flagship in Europe, showing that Boeing is the better plane than Airbus for low-cost, high-frequency travel,” O’Leary joked.

Separately, O’Leary said he sees a “dramatic upturn” in traffic on the group’s network following an increase in Covid-19 vaccinations and an easing of restrictions on intra-European travel. . The load factor in August averaged 80% and the company predicts it will carry more than 10.5 million passengers in August. The company will announce traffic figures for August next Monday and the data will show Ryanair has become “much stronger than any other airline,” O’Leary said.

Eurocontrol data for the week of 23-29 August shows Ryanair to be Europe’s busiest airline “by far”, according to Eurocontrol chief executive Eamonn Brennan. Ryanair averaged 2,381 flights per day that week, down just 12% from 2019, while overall traffic on the European network was still down 30% from 2019 levels. Turkish Airlines is the second largest operator with an average of 1,322 flights per day, followed by EasyJet with 1,186 daily flights.

Ryanair also saw a sharp increase in bookings for September, October and November, O’Leary said. He anticipates “an exciting winter in terms of volume [but] not so much in price. Prices will continue to strengthen throughout the winter, but will remain below pre-pandemic levels. “We don’t expect prices to return to pre-Covid levels until summer 2022,” he said.


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