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Ryanair CEO says restarted talks over new Boeing jet order in early stages - FT

By Scott Kanowsky

Investing.com -- Ryanair Holdings PLC (IR:RYA) is in the early stages of striking a major new aircraft order with jet maker Boeing Co (NYSE:BA), the Irish budget carrier's chief executive officer Michael O'Leary said in an interview with the Financial Times on Thursday.

Speaking to the paper, O'Leary added that there was a multibillion-dollar deal "to be done" for either Boeing's large single-aisle 737 MAX 10 aircraft or its smaller MAX 8200.

Negotiations over the purchase failed a year and a half ago due to a disagreement over prices. However, O'Leary claimed that Ryanair is seeing "some movement on pricing" from Boeing, according to the report.

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Ryanair previously bought 75 MAX 8200 jets from Boeing for what O'Leary called a "ridiculously low price" in December 2020, when the COVID-19 pandemic caused a marked slowdown in air travel.

Boeing declined to comment, while Ryanair was not immediately available to respond to a request for comment from Reuters.

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