Deliveries of the Boeing 737 MAX look to cost Ryanair around five million passengers for the year as they expect to be five to ten aircraft short of their forecast.
This came via the CEO Michael O’Leary mentioning this to the Financial Times, which will no doubt be a hindrance to the airline’s overall growth plans.
Without further ado, let’s get into it…
Boeing 737 MAX Delays Costs Ryanair Five Million Passengers…
It is understood that Ryanair were expecting to take delivery of 57 Boeing 737 MAX 200 Gamechanger aircraft by the end of April coming up.
Because of such delays hindering this, the airline has had to alter it’s annual passenger forecast from 205 million to 200 million, a five million decrease.
In the interview with the newspaper, O’Leary said the following on this:
“We were supposed to have 27 aircraft delivered prior to Christmas, we finished up getting 11.”
“We’re supposed to have 57 aircraft delivered to us by the end of April, and we think we’d be lucky to get 50 by the end of June”.
“So we’re going to be left five, seven, maybe 10 aircraft short for the peak summer season this year.”
“It costs us, if you’re talking being down 5 million on 205 million passengers, probably two, two and a half per cent of profits”.
This of course is not good news for Ryanair, and all eyes will be on how they will be able to make up the gap throughout the course of this year.
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