Ryanair CEO to Boeing: Get your s**t together!

Ryanair CEO to Boeing: Get your s**t together!

eTurboNews Syndication:

Ryanair’s boss Michael O’Leary said that the prolonged grounding of Boeing 737 MAX jets may lead to job cuts along with other challenges for budget carriers which are grappling with lost revenue.

Addressing his airline’s 24-percent drop in first-quarter profits, Irish low-cost carrier’s CEO blamed the impact of MAX deliveries’ delays.

Ryanair has 135 of the 737 MAX models on order, the initial five which are due for delivery in the autumn. The airline, however, will never be in a position to fly MAX jets until regulators have declared them safe.

Ryanair expected 58 of the planes for the summertime of 2020, but might not have some of them ready, O’Leary said. “It could well proceed to 20, it could proceed to 10, also it could well proceed to zero if Boeing don’t obtain s**t pretty quickly with the regulator together.”

The grounding of the global fleet of 737 MAX aircraft has recently taken its toll on Ryanair. Year since it scrapped 30 the airline was forced to halve its growth targets for next,000 planned flights and warned it might close bases at airports.

week another carrier &ndash

Last; Southwest Airlines – which operates an all-Boeing 737 fleet, january said it plans to take its new MAX planes out of its schedule until early.

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Many airlines over the global world have grounded their fleets of Boeing 737 MAX aircraft since mid-March, following crashes in Indonesia and Ethiopia that killed 346 people.

The US airplane manufacturer said it turned out forced to cut future services due to uncertainty on the timing of deliveries of 737 MAX planes.

International ratings agency Moody’week the grounding of Boeing&rsquo s said last; s MAX aircraft shall run longer than expected, that will compound its operational disruption, costs, and how big is the investment in working capital.

Author: George Taylor

Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.