Ryanair-10
No MAX before Oct 2020
According to RTÉ (3rd Jan 2020), in an interview with Wirtschaftswoche, MO'L has said he doesn't expect to receive any 737 MAX aircraft before October 2020.
https://www.rte.ie/news/2020/0103/11...yanair-boeing/
JAS
"We were meant to have 58 planes by the summer," Mr O'Leary said in the interview, extracts from which were published today. "That went down to 30, then 20, then ten*and the latest is maybe only five. It's possible we'll only get the first jets in October 2020."
JAS
From 'Travel Mole':.jpg)
Ryanair is not expecting to receive its first Boeing MAX aircraft delivery until September or October, rather than this spring. MAX aircraft were grounded worldwide following two fatal crashes. Boeing has been working on fixing a faulty anti-stall system but has not given a date for the MAX to be reintroduced. Ryanair says the new requirement for MAX simulator training will also slow down the delivery of backlogged aircraft and new deliveries.
"But we believe that these 'gamechanger' aircraft - with 4% more seats, burn 16% less fuel - when delivered, will transform our cost base and our business for the next decade," it said today, as it reported its third quarter results. "Due to these delivery delays, we won't see any of these cost savings until late in the 2021 financial year. As a direct result of these delivery delays, we plan to extend our 200 million a year passenger target by at least one or two years to 2025 or 2026."
But on a more positive note, Ryanair said strong Christmas and New Year bookings have helped it swing back into profit in the third quarter. It reported a profit of €88 million compared to a €66 million loss in the same quarter last year. Traffic grew 6% to 36 million passengers and revenue per passenger rose 13%.
It said forward bookings for the fourth quarter are 1% ahead. As a result, Ryanair's full-year profit after tax guidance has risen to a range of €0.95 billion to €1.05 billion.
Ryanair expects further MAX delivery delays
Ryanair is not expecting to receive its first Boeing MAX aircraft delivery until September or October, rather than this spring. MAX aircraft were grounded worldwide following two fatal crashes. Boeing has been working on fixing a faulty anti-stall system but has not given a date for the MAX to be reintroduced. Ryanair says the new requirement for MAX simulator training will also slow down the delivery of backlogged aircraft and new deliveries.
"But we believe that these 'gamechanger' aircraft - with 4% more seats, burn 16% less fuel - when delivered, will transform our cost base and our business for the next decade," it said today, as it reported its third quarter results. "Due to these delivery delays, we won't see any of these cost savings until late in the 2021 financial year. As a direct result of these delivery delays, we plan to extend our 200 million a year passenger target by at least one or two years to 2025 or 2026."
But on a more positive note, Ryanair said strong Christmas and New Year bookings have helped it swing back into profit in the third quarter. It reported a profit of €88 million compared to a €66 million loss in the same quarter last year. Traffic grew 6% to 36 million passengers and revenue per passenger rose 13%.
It said forward bookings for the fourth quarter are 1% ahead. As a result, Ryanair's full-year profit after tax guidance has risen to a range of €0.95 billion to €1.05 billion.
Join Date: Aug 2007
Location: Ireland
Posts: 216
Likes: 0
Received 0 Likes
on
0 Posts
MOL betting the whole company on the Max scare will quickly fade with hope of deeply discounted ExMax price:
https://www.reuters.com/article/us-b...-idUSKBN1ZX1H9
It worked in 2001, maybe it will work again. But this time Boeing isn't short of orders, just the ability to deliver them.
That will be 3 different sizes of aircraft to manage and sell for. There is no way they will treat them as one ac type and either oversell or undersell the seats.
It is time for Ryanair to get somebody representing ops (operations/flightcrew/engineering) in among the Z's again.
https://www.reuters.com/article/us-b...-idUSKBN1ZX1H9
It worked in 2001, maybe it will work again. But this time Boeing isn't short of orders, just the ability to deliver them.
That will be 3 different sizes of aircraft to manage and sell for. There is no way they will treat them as one ac type and either oversell or undersell the seats.
It is time for Ryanair to get somebody representing ops (operations/flightcrew/engineering) in among the Z's again.
There's no reason for Boeing to reprice the current order, which for 210 aircraft will take several years to deliver. There is an oligopoly of just two aircraft in this range, Ryanair already have an order in with Boeing at an agreed price, Airbus is sold out for the foreseeable future, and neither are minded to offer any bargains. Sure there is compensation for late delivery of the Max, but that's a separate matter.
Join Date: May 2011
Location: Hampshire
Age: 76
Posts: 821
Likes: 0
Received 0 Likes
on
0 Posts
Ryanair have been censured by the UK's advertising watchdog for claiming to be "the lowest CO2 emissions airline" and sundry other "we are the greenest" claims. The silly thing about this advertising campaign was Ryanair's claim that they were able to achieve low emissions by using the latest aircraft with the most modern engines. But they don't have any A320/321 NEOs in their fleet do they? Surely, they weren't referring to the non-flying Max fleet?
https://www.bbc.co.uk/news/business-51372780
https://www.bbc.co.uk/news/business-51372780
Last edited by KelvinD; 5th Feb 2020 at 07:09. Reason: Added link url
Join Date: Jan 2014
Location: Norfolk
Posts: 428
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Feb 2020
Location: Cider country
Posts: 1
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Nov 2009
Location: UK
Posts: 357
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Jul 2006
Location: STANSTED & MANCHESTER
Posts: 1,893
Likes: 0
Received 0 Likes
on
0 Posts
.However, I don’t think Ryanair has said, its not interested in it’s Aircraft.
