These are the stocks posting the largest moves before the bell.
Airlines including Ryanair are facing revenue losses and growth cuts with the fuel-efficient Boeing jetliners grounded since mid-March following two fatal crashes that killed 346 people.
Boeing has paused deliveries of the jets, meaning airlines like budget carrier Ryanair, cannot grow their operations as previously anticipated. Regulators have not said when they will allow the planes to fly again. Ryanair executives expected 58 of the planes for the summer of 2020, O'Leary said on an earnings call.
"It may well move to 20, it could move to 10, and it could well move to zero if Boeing don't get their s--- together pretty quickly with the regulator," O'Leary said.
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The Boeing 737 Max grounding is going on so long it will disrupt holiday air travelSouthwest Airlines pulled its 737 Max planes out of its schedules until next year and deliveries are delayed.
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See The Boeing 737 MAX Pile Up In Storage In These Time-Lapse Satellite ImagesOver the past four months, Boeing has assembled about 180 737 MAXs that it can’t deliver to customers while the plane is grounded by safety regulators. Now those planes are building up in three locations where Boeing is storing them, satellite images from Planet Labs show.
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Ex-Boeing 737 Max Engineer Says Team Were Pressured To Cut Costs As Grounding ContinuesFormer engineer of 30 years Adam Dickson told the BBC that worker faced an 'incredibly pressurized' design process.
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A former Boeing 737 Max engineer said he was 'incredibly pressurized' to keep costs down and downplay new features to avoid FAA scrutinyAdam Dickson spoke to BBC Panorama nearly five months after the Boeing 737 Max was grounded after two of the planes crashed, killing 346 people.
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Boeing MAX Pain Spans Globe, Hurting Carriers’ Profit and GrowthMonths after the grounding of Boeing’s 737 MAX, the absence of the best-selling passenger jet is hitting profits, crimping growth and throwing services schedules into disarray at airlines around the world.
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