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Ryanair will be lucky to get 40 new Boeing jets by June - CEO

Published 11/29/2022, 11:09 AM
Updated 11/29/2022, 11:11 AM
© Reuters. FILE PHOTO: General view of the Ryanair logo at their headquarters in Dublin, Ireland, September 16, 2021. REUTERS/Clodagh Kilcoyne

DUBLIN (Reuters) - Ryanair will be lucky to receive 40 Boeing (NYSE:BA) 737 MAX aircraft by the end of June from the 51 due for delivery, Chief Executive Michael O'Leary said on Tuesday, potentially impacting the airline's planned growth for 2023.

"We're contracted to get 51 aircraft from Boeing before the end of April. We will be lucky to get 40 aircraft by the end of June next year and that's critical to our continued growth," O'Leary told a Eurocontrol event.

Ryanair plans to grow from a record 168 million passengers this financial year to 185 million next. O'Leary said earlier this month that he was concerned Boeing might fall 5-10 aircraft short, knocking 1 or 2 million from that target.

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