Ryanair hopes Boeing Max 10 certification delay will be short
Ryanair CEO Michael O'Leary said on Tuesday that he hoped an announced delay in certification of Boeing Max 10 planes would be "a matter of days, not weeks or months"."We still expect to receive ...
Michael O'Leary, CEO of Ryanair, expressed optimism that an announced delay in certification of Boeing Max 10 planes would only be a matter of days, not weeks or months. Despite the setback, O'Leary remains confident in the delivery of 29 Boeing aircraft over the summer and sees signs of progress in quality and production. The airline, being Boeing's largest European customer, plans to invest $300mn in Warsaw-Modlin airport, increasing its fleet there to nine aircraft and adding 18 flights during the winter season.
Ryanair also considers Poland as a potential location for a new engine shop, with a decision expected by the end of the year. While O'Leary is generally optimistic about the demand for air travel, he warns that jet fuel costs could push summer 2027 fares up by 15% to 20%. The CEO remains hopeful for the future but emphasizes the short-term challenges, especially the resolution of the war in Ukraine and the Middle East, as well as the upcoming midterm elections in the United States.
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