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Airline may raise fares 10%, cut summer flights due to Boeing delays

Ryanair has warned it may have to increase ticket prices and cut some routes from its summer service due to flight delays. Boeing 737 Max production This could result in fewer aircraft than expected during the busiest time of the year.

The Dublin, Ireland-based airline was scheduled to receive 57 Boeing 8200 aircraft, a variant of the 737 Max, by the end of April, but received about 50 from Boeing more than a week ago. He announced that he had been notified that. By the end of June.

The situation remains fluid; Ryanair CEO Michael O’Leary The company said it is still unclear how many aircraft it will receive in the coming months.

“We really don’t know how many aircraft we’re going to get from Boeing,” O’Leary said at a press conference Friday. “I’m pretty confident it’s going to be between 30 and 40. I’m pretty confident between 40 and 45. And now I’m much less confident that it’s going to be between 45 and 50.”

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Ryanair has warned it may have to cut routes this summer if Boeing delivers fewer planes than expected. (Nicolas Economou/NurPhoto via / Getty Images)

“If we only had 40 people, we would have to announce some minor schedule reductions by the end of March,” O’Leary added. This means Ryanair is likely to carry just 200 million passengers in the financial year starting in April, compared with previously expected 205 million.

He said some of the costs of delays could be passed on to consumers, with prices potentially rising by 5-10% this summer and average fares rising by 10-15 euros over the next five years. added.

boeing production line The company is under increased regulatory scrutiny after the Federal Aviation Administration (FAA) blocked the company from expanding its aircraft production following the Jan. 5 mid-air panel explosion on a 737 Max 9 during an Alaska Airlines flight.

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ryanair-boeing-passenger

Ryanair has indicated that some of the costs of aircraft delivery delays will be passed on to consumers. (Nicolas Economou/NurPhoto via / Getty Images)

“Some delivery schedules have changed due to the time required to ensure that all aircraft we deliver are of high quality and meet all customer and regulatory requirements,” Boeing said in a statement to FOX Business. We are communicating with customers that this may occur.”

“We deeply regret the impact this is having on our valued customer Ryanair. We are taking action based on our plans,” Boeing’s statement concludes.

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boeing manufacturing facility

Boeing is working to address quality issues that have hampered production and caused a mid-air explosion of a plug door panel in January. (David Ryder/via Bloomberg/Getty Images)

Mr O’Leary was scathing at the aerospace giant, suggesting Ryanair was in talks with Boeing about financial compensation over the delays.

“There’s a show happening in Seattle, and they keep breaking their optimistic promises to us, and then a week or two later…the reality turns out to be much worse,” O’Leary said.

“It’s inexcusable. Boeing will try to argue that it’s forgivable. We’ll get some compensation from Boeing,” O’Leary said. “Right now, our focus is on getting the bloody plane.”

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His comments will come out in a few days. Boeing changes head of 737 program Katie Ringgold, who directed delivery operations for Flight 737 with Ed Clark.

Ryanair could be interested in purchasing the Boeing 737 Max 10 if United Airlines or other airlines cancel orders for the aircraft.

“We’d be happy to make an acquisition as long as we get the right price, so we can get some growth in 2027 or 2028,” O’Leary said.

Reuters contributed to this report.

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