Low-cost giant Ryanair is ready to make a bid for a majority stake in Italy's Alitalia if administrators of the troubled carrier undertake four key reform steps, its CEO said today.
It has 16% lower fuel costs while giving 4% more seats – 197 in total – without needing another flight attendant. Be in the know.We use ads to keep our content free. Particularly in light of other news shared today.The grounding, along with Brexit and competition strains, have been blamed by Ryanair for their posting of their Editor - Joanna has worked in publishing for more than a decade and is fast becoming a go-to source for commercial aviation analysis. Boeing has given some airlines cash compensation, but generally prefers to offer discounts on future orders.O’Leary hopes to have 40-50 MAX aircraft by next summer, up from the 20-30 estimate he gave last month.Those aircraft are part of a previous deal for 210 MAXs, comprising 135 firm orders and 75 options. Decision fuels speculation that troubled plane will be rebranded once it is given all clear to flyPhotos have emerged of a 737 Max in Ryanair colours outside Boeing’s manufacturing hub, with the designation 737-8200 – instead of 737 Max – on the nose. The airline’s fleet order is comprised entirely of a larger version of the Max 8, with 197 seats, which it has until now referred to in official Ryanair announcements as the 737 Max 200. “We are already in discussions with Boeing,” group chief executive Michael O’Leary said today during a conference call on third-quarter earnings. Boeing’s highest-selling aircraft has been grounded for over a year.
“We have an offer on the table for an order for new Max 10s, which is a 230-seat aircraft.” This would represent a change in variant from “Max 200s” – 200-seat Max 8s – that the low-cost carrier currently has on order.Once Boeing management is in a position to discuss new purchases, Discussions with Boeing about a repricing of the airline’s existing Max order and reimbursement for costs and losses are continuing; Despite these difficulties, if you “look through the noise” the Max remains “a great aircraft”, argues O’Leary, noting that it provide the airline with 4% more seats than its Boeing 737NGs and a 16% fuel saving. Welcome to flightglobal.com.
The EU, Canada and the US all ground the Boeing 737 Max. It ordered 100 737s just four months after the September 11 terrorist attacks that caused an industry contraction.Ryanair entered this coronavirus downturn with one of the industry’s largest cash piles, by far, at €4 billion. Currently we have 183 Boeing 737 -800 on order and we have an option for another 100 Boeing 737 MAX … Photographer: David Ryder/Bloomberg Renton Factory on October 20, 2019 in Renton, Washington.
He expects to close in on a deal after the 737 MAX is cleared to return to service.“If the MAX is back flying in September, October this year, I will be very disappointed if we’re not in very active negotiations with Boeing either this side of Christmas or early in the spring on an order for larger aircraft, the MAX 10s,” O’Leary told the Davy Transport Conference on Thursday.A 737 MAX order, which Ryanair mooted prior to the coronavirus downturn, would be doubly significant for Boeing.Airframers are seeing aircraft deals evaporate because of coronavirus while Boeing’s MAX has been under pressure since its March 2019 grounding.
1 The average fleet age is based on our own calculations and may …
At th e moment we have over 300 aircraft in operation and the average age of our planes is 5.5 years. All rights reserved.
In an interview with CNBC, CEO Michael O’Leary says his airline will be ‘at the front of the queue’ for more of the aircraft once it returns to service.Reports suggest they are already discussing further orders with Boeing, with O’Leary quoted as saying,Ryanair are famously one of the most loyal Boeing airlines, operating a fleet of 431 737NGs.
The ... On September 8, 2014, Ryanair agreed to 100 firm orders with 100 options.
Ryanair Fleet Details and History. They currently have firm orders in with Boeing for 135 MAXs, and a further 75 options for the future. He’s already said that he believes it will return to the skies, at least in the US, by June or July, with Europe getting it approved around a month later.It’s interesting to read simultaneously that Ryanair want to buy more 737 MAXs and also that they are seeking compensation for the grounding.
Norwegian Air is also an early adopter of the new model, operating transatlantic flights. (Photo by Gary He/Getty Images) Rome.
Ryanair are famously one of the most loyal Boeing airlines, operating a fleet of 431 737NGs.
This streamlined fleet helps us to keep costs down and safety standards up.
Providing commentary for outlets including the BBC, CNBC, and others, she works closely with IATA, AviaDev and various airlines and suppliers to get the inside track on the global marketplace.Sign up to our daily aviation news digest. Ryanair wants to rapidly restructure its fleet with the new MAX jets to benefit from the advantages of Boeing's revamped single-aisle jet compared to the current 737-800s in the fleet.