Ryanair sees risk to 2020 growth if 737 MAX grounded beyond November

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Ryanair sees risk to 2020 growth if 737 MAX grounded beyond November
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The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the...

) 737 MAX on the airline’s growth plans may start to spill over to next summer if the airplane is not flying again by November.

“Boeing are telling us at the moment they expect to be back flying by the end of September,” O’Leary said in an interview on the sidelines of a meeting of the European airlines lobby A4E, which he also chairs. “We are continuing to engage with global regulators and providing information to them as we work towards the safe return to service for the MAX,” a Boeing spokesman said by email.

Ryanair can take delivery of no more than six to eight planes a month because of the complexity of the delivery process and the availability of trained MAX pilots.O’Leary also responded to a surprise move by British Airways owner IAG to buy 200 MAX jets at what analysts say must have been very attractive prices as the grounding drags on.

Ryanair benefits from a clause in its contract guaranteeing it lower prices than its competitors, echoing a similar arrangement for Southwest in the United States, analysts say. “You could do that in September or October this year when the aircraft is back flying. We will stick close to Boeing on it and we are also talking to Airbus about the possibility of aircraft for Laudamotion.”

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