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Search resuls for: "Valerie Insinna Padraic Halpin"


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☆ Ryanair places major Boeing order after jet price spat
  + stars: | 2023-05-09 | by ( Valerie Insinna Padraic Halpin Tim Hepher | Valerie Insinna | Padraic Halpin | ) www.reuters.com   time to read: +5 min
Europe's biggest low-cost carrier said it was placing a firm order for 150 of the largest version of Boeing's narrow-body jet family, known as the 737 MAX 10, with options for another 150. The deal delivers a boost to the 737 MAX, Boeing's best-selling jet whose deliveries have been depressed by a two-year safety crisis and post-COVID disruption. "Boeing wanted us to step up the scale and size of the order even to get the discounts that we [got]." Boeing Chief Executive Dave Calhoun countered during a press conference that no premium was high enough for the jet, in a jovial back-and-forth. On Monday, Reuters first reported that Ryanair was close to a major deal for Boeing jets.
☆ Ryanair places major Boeing order in bid to double traffic
  + stars: | 2023-05-09 | by ( Valerie Insinna Padraic Halpin | Valerie Insinna | Padraic Halpin | ) www.reuters.com   time to read: +3 min
Ryanair said the order would allow it to almost double its traffic to 300 million passengers per year by March 2034 from the 168 million flown to the end of March this year. On Monday, Reuters first reported that Ryanair was close to a major deal for Boeing jets. But its boss pledged not to overpay for the 30 extra seats, telling Reuters in March he could also order more of the existing 200-seat 737 MAX 8200. Ryanair said the deal was worth $40 billion at list prices, though experts note typical discounts run at more than 50%. "Ryanair operates a 737 fleet and is pretty locked in," with Airbus (AIR.PA) sold out for years and China years away from being to supply the West, Agency Partners analyst Nick Cunningham said.
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