Ryanair may have to cut summer flights due to further Boeing delays By Reuters

From Investing.com:

Ryanair’s CEO Michael O’Leary announces the airline will receive fewer Boeing aircraft than expected by the end of June, potentially leading to a summer schedule cut. Boeing has faced regulatory issues and delays, affecting deliveries. Ryanair may have to remove some flights from its record summer schedule due to delayed deliveries. The airline aims to carry 200 million passengers, down from the previous forecast of 205 million. Despite delays, Ryanair’s stock has risen, but CEO O’Leary criticizes Boeing’s communication and calls for management changes. If other carriers drop Boeing MAX 737 10 orders, Ryanair is open to taking the planes. O’Leary plans to pass some delay costs to customers, with prices expected to rise this summer. The airline is discussing possible compensation with Boeing to mitigate losses.



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