Ryanair may get five fewer planes by next summer due to Boeing strike, CEO says

Ryanair may get five fewer planes by next summer due to Boeing strike, CEO says


OAG’s John Grant said not all airlines took a hit because of the Summer Games. Among the “winners,” he singled out Ryanair, which significantly increased capacity to Paris this summer.

Jakub Porzycki | Nurphoto | Getty Images

Ryanair Group CEO Michael O’Leary said on Saturday a prolonged Boeing workers’ strike may cut the number of aircraft it receives by next summer to 20 from an anticipated 25.

O’Leary said his low-cost Irish airline, one of Boeing‘s largest customers, was supposed to receive 30 737 MAX aircraft before summer 2025 but Boeing’s operational issues had already brought that number down to 25.

But now, with this week’s Boeing’s workers’ strike further threatening the airplane maker’s turnaround, O’Leary said Ryanair might only receive 20 planes if the strike continues for three to four weeks.

“I have no doubt that Boeing will fix this strike,” O’Leary told Ireland’s Newstalk Radio. “It may take a number of weeks.”

Workers have been protesting all week in Boeing factories in the Seattle area that assemble Boeing’s MAX, 777 and 767 jets.

Boeing has pledged to grow output by the end of the year, after wrestling with supply chain snags and operating a slower assembly line since a Jan. 5 in-flight blowout of a door plug on a 737 MAX 9 jet that heightened regulatory scrutiny.

O’Leary said it would likely take Boeing two to three years to get back on track.

Boeing and union negotiators will return to the bargaining table early next week as the two sides try to end a strike.



Source

Europe stocks set to rise as investors look ahead to U.S.-China trade talks in Switzerland
World

Europe stocks set to rise as investors look ahead to U.S.-China trade talks in Switzerland

European stock market futures point to a positive start after the U.K. and U.S. confirmed a trade agreement, and investors look ahead to the U.S.-China trade negotiations set to begin this weekend. The pan-European Stoxx Europe 600 index is expected to open higher by 0.3%, according to futures data from FactSet. The U.K.’s FTSE 100 […]

Read More
CNBC Daily Open: London markets didn’t seem to view the U.K.-U.S. trade deal positively
World

CNBC Daily Open: London markets didn’t seem to view the U.K.-U.S. trade deal positively

Britain’s Prime Minister Keir Starmer speaks to employees at a car factory in the West Midlands, Britain, on May 8, 2025. Alberto Pezzali | Via Reuters The U.K. is the first country to seal a trade deal with the U.S. Cue the jubilations. And investors certainly did, giving the three major U.S. indexes back-to-back winning […]

Read More
Chinese chipmaker SMIC shares fall nearly 7% after earnings miss
World

Chinese chipmaker SMIC shares fall nearly 7% after earnings miss

A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images Shares of Semiconductor Manufacturing International Corporation, China’s largest contract chip maker, fell nearly 7% Friday after its first-quarter earnings missed estimates. After trading on […]

Read More