Ryanair has this welcomed the change in leadership from Boeing, as the Seattle-based company aims to move away from the issues with the 737 MAX.
The airline CEO Michael O’Leary has been thankful to the planemaker for this change in tact.
Without further ado, let’s get into it…
O’Leary on The Leadership Changes from Seattle…
In a statement, Ryanair CEO Michael O’Leary had this to say on the leadership changes at Boeing:
“We welcome these much-needed management changes in Seattle.”
“[The airline looks] forward to working with Stephanie Pope to accelerate B737 aircraft deliveries to customers, including Ryanair in Europe, for Summer and Autumn 2024.”
“We also look forward to continuing to work with Boeing CEO Dave Calhoun and CFO Brian West, and to helping Boeing recover its aircraft deliveries so that Ryanair can continue to grow strongly as Boeing’s no.1 customer here in Europe.”
O’Leary has been vocal about the 737 MAX amid delays to deliveries from Seattle which are hindering growth.
The Leadership Changes…
Via an extensive press release this week, Seattle-based Boeing have confirmed that CEO Dave Calhoun will step down at the end of 2024.
It is understood that he will continue to lead the company “through the year to complete the critical work underway to stabilize and position the company for the future.”
Commenting on his departure, Calhoun said:
“It has been the greatest privilege of my life to serve Boeing,”
“The eyes of the world are on us, and I know that we will come through this moment a better company.”
“We will remain squarely focused on completing the work we have done together to return our company to stability after the extraordinary challenges of the past five years, with safety and quality at the forefront of everything that we do.”
Furthermore, this is major news, especially given what is going on with the 737 MAX at present.
There have been other changes mentioned by Seattle-based Boeing this week, as well as the departure of their CEO.
The CEO of the Commercial Airplanes wing, Stan Deal will retire at the end of the year.
Furthermore, Stephanie Pope has been named as the CEO of the wing of the American planemaker.
The Board Chair Larry Kellner has also said he will not stand for re-election at the upcoming Annual Shareholder Meeting.
Furthermore, Steve Mollenkopf has been selected to succeed Kellner as the independent board chair.
Overall…
In conclusion, this will be good news for Boeing that Ryanair has welcomed the changes in Seattle.
The Irish low-cost carrier is a major customer to the 737 MAX, and does not want to do anything to jeopardize that relationship.
Looking ahead, all eyes will be on when deliveries will accelerate for the Irish low-cost carrier.
But for now, let’s see how the new tenure of Stephanie Pope goes, as well as Ryanair’s future for growth.
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