Ryanair sees risk to 2020 growth if 737 MAX grounded beyond November
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July 10, 2019 - by Tim Hepher for reuters.com
The boss of Europe's Ryanair Holdings (RYA.I) warned on Wednesday the impact of the prolonged grounding of Boeing Co's (BA.N) 737 MAX on the airline's growth plans may start to spill over to next summer if the airplane is not flying again by November.
Europe's largest budget carrier needs up to eight months to take delivery of some 50 newly built planes left at the factory by the grounding crisis, so it may have to trim its capacity growth plans for summer 2020 if 737 MAX flights have not resumed by November, Chief Executive Michael O'Leary told Reuters.