Published: Tue, July 16, 2019
Global News | By Blake Casey

Boeing jet trouble leads to cuts at Europe’s busiest airline

Boeing jet trouble leads to cuts at Europe’s busiest airline

The airline said this will reduce its summer 2020 growth rate from 7% to 3%.

Ryanair now has a number of MAX200 aircraft, a variant of the MAX range, on order for next year, however, O'Leary said that assuming the MAX returned to service by December it expected to receive up to 30 MAX200's by May 2020, less than the 58 originally predicted.

O'Leary added that the shortfall in aircraft would also necessitate "some base cuts and closures" for both the 2019 winter and 2020 summer periods.

Ryanair boss Michael O'Leary said: "Ryanair remains committed to the B737 MAX aircraft, and now expects that it will return to flying service before the end of 2019 - however, the exact date of this return remains uncertain".

Yet Ryanair customers can take some heart from the fact the airline plans to "restore out growth to normal levels" by summer 2021 - therefore bringing back scheduled services and expanding.

You can read O'Leary's statement in full here.

"We have said all along that the regulatory authorities determine the process for certifying the MAX software and training updates and the timing for lifting the grounding order", Boeing told Xinhua in response to earlier media reports that the globally grounded 737 MAX airplanes will not be likely to restart carrying passengers until 2020.

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It comes after all Boeing 737 MAX planes were grounded worldwide earlier this year following two fatal crashes in Ethiopia and off the coast of Indonesia.

'We will also be consulting with our people and our unions in planning and implementing these base cuts and closures, which are directly caused by the B737 MAX delivery delays to the B737 MAX program'.

Ryanair, which operates a fleet of more than 450 Boeing 737-800 series aircraft, on Tuesday stressed its commitment to the MAX plane.

The airline has ordered 135 planes of the 737 Max model in order to increase its transportation rate by seven percent by summer 2020.

"We believe it would be prudent to plan for that date to slip by some months, possibly as late as December", he said.

"Ryanair expects that the MAX200 will be approved for flight services within two months of the MAX return to service". Analysts had expected the planes to be back in the air by August, but Boeing does not expect to submit a software fix to USA regulators until September.

Despite the warning, shares in Ryanair rose by 3 per cent to €10.40 in afternoon trading. The stock has fallen about 4% so far this year, hit by over-capacity and intense competition in Europe's short-haul aviation market.

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