Ryanair Head Ends Talks With Boeing Co. On Additional Order For Max 10 Plane

Ryanair Head Ends Talks With Boeing Co. On Additional Order For Max 10 Plane

News 2021-09-16 ParkingNearAirports.io
Bloomberg reported that Ryanair Holdings Plc had ended talks with U.S. aircraft maker Boeing Co. on an additional order for a Max 10 jet after disagreeing on prices.

Ryanair has an order for 210 Max planes scheduled for delivery over the next five years. "Both sides have agreed not to spend any more time on these negotiations," Ryanair said in a statement.

CEO Michael O'Leary added, "we do not share Boeing's optimistic price forecast." However, he noted that other major Boeing customers, such as Delta Air Lines Inc. and Jet2 Plc, have recently placed orders with Airbus SE.

The Ryanair executive is known for negotiating hard with aircraft manufacturers. For example, Boeing is reportedly offering significant discounts to eliminate the backlog of 737 Max planes due to extended downtime. Still, the company has received several vital orders this year from heavyweight carriers such as United Airlines Holdings Inc.

O'Leary told reporters last week that Ryanair is unlikely to make a new deal this year and added it would be willing to order up to 250 more planes if Boeing cuts the price.

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