Ryanair Faces Revenue Hit Due to Boeing's 737 Max Delivery Delays
CEO Michael O'Leary expresses frustration as the airline anticipates significant financial impact and reduced passenger numbers.
- Ryanair expects to receive only half of the 737 Max jets it was promised this month.
- Delayed deliveries could reduce Ryanair's revenue by €500 million this year.
- Boeing's new management team struggles with ongoing supply chain and certification issues.
- O'Leary criticizes Boeing's performance, citing historical and current delivery problems.
- The airline anticipates transporting five million fewer passengers than initially planned.