Ryanair negotiations for MAX 10 order end without agreement.
Ryanair announced Monday that its negotiations with Boeing for an order of 737 MAX 10 aircraft have ended without any agreement on price.
Ryanair and Boeing have been in discussions about a large follow on order for 737 MAX 10 aircraft over the past 10 months. However, last week it became clear that the pricing gap between the partners could not be closed and accordingly, both sides have agreed to waste no more time on these negotiations.
See also: Ryanair carried 11.1 million passengers in August.
“We are disappointed we couldn’t reach agreement with Boeing on a MAX10 order. However, Boeing have a more optimistic outlook on aircraft pricing than we do, and we have a disciplined track record of not paying high prices for aircraft”, Ryanair CEO Michael O’Leary said.
“We have a more than sufficient order pipeline to allow us to grow strongly over the next 5 years with a Boeing 737 fleet, which will rise to over 600 aircraft and will enable Ryanair to capitalise on the extraordinary growth opportunities that are emerging all over Europe as the Continent recovers from the Covid pandemic”, added.
Ryanair will take delivery of over 200 B737 “Gamechanger” aircraft over the next 5 years from 2021 to 2025. These deliveries will see Ryanair’s fleet grow to over 600 aircraft capable of carrying over 200m guests p.a.
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