Boeing's Delivery Delays Impact Airline Growth Plans

Ryanair and other airlines face capacity constraints due to ongoing Boeing production setbacks, affecting traffic projections and operational strategies.

Ryanair CEO Michael O'Leary announced a reduction in the airline's traffic growth estimates for next year due to expected delays in Boeing aircraft deliveries.
Boeing's production has been hampered by a machinist strike and increased regulatory scrutiny following a safety incident earlier this year.
The delays have forced airlines to operate older fleets longer than planned, potentially reducing route options and increasing operational costs.
Boeing plans to cut 17,000 jobs and raise $35 billion to stabilize its finances amid ongoing production issues.
The International Air Transport Association highlighted the widespread frustration among airline CEOs over the delivery delays from both Boeing and Airbus.