Ryanair Braces for Six-Week Jet Delivery Delay Amid Boeing Strike, and More
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Boeing Strike Threatens Ryanair's Summer 2025 Growth Plans
Ryanair expects Boeing's worker strike to delay aircraft deliveries by approximately six weeks.
The ongoing strike, which began on September 12, 2024, is the largest in Boeing's recent history, involving around 33,000 workers. The strike has halted production at Boeing factories that manufacture 737 aircraft.
Key Points
Ryanair, one of Boeing's largest customers, was set to receive 25 Boeing 737 MAX planes by summer 2025, already reduced from the original 30 due to Boeing's operational issues.
Ryanair Group CEO Michael O'Leary warned that if the strike continues for 3-4 weeks, they may only receive 20 planes instead of the expected 25.
The strike began after 94.6% of Boeing workers rejected a proposed labor contract deal.
Boeing's delivery delays have already impacted Ryanair's growth plans, causing a €500 million revenue shortfall in the current fiscal period.
What It Means
The six-week delay in aircraft deliveries will likely result in reduced flight frequencies, lower passenger numbers, and decreased revenue for Ryanair.
However, O'Leary remains confident that Boeing will resolve the issue, although it may take several weeks.
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