Streetbeat News

RYAOF

Ryanair Holdings Plc

https://www.ryanair.com

CEO

Michael O'Leary

Employees

19,116

Industry

Scheduled Passenger Air Transportation

Open

15.67

Mkt cap

15B

Volume

200

High

15.67

P/E Ratio

9.15

52-wk high

20.41

Low

14.00

Div yield

0.02

52-wk low

14.00

Ryanair Holdings Plc is facing potential disruptions to its summer schedule due to Boeing Co's delivery delays of the 737 Max 10 models, with an expected reduction from 57 to around 50 aircraft by the end of June. This situation may lead to minor schedule cuts and a decrease in passenger forecast from 205 million to 200 million for the financial year starting in April. CEO Michael O'Leary expressed frustration and is discussing compensation with Boeing, also hinting at possible ticket price increases.

Portfolio Pulse from Vandana Singh

February 26, 2024 | 6:20 pm

The FAA has approved Boeing Co (BA) to begin flight tests on its 737 MAX 10 aircraft, a crucial step for the jet's commercial readiness. Deliveries are scheduled for next year. United Airlines (UAL) and Ryanair (RYAAY, RYAOF), among others, have placed orders. Boeing has faced delays with the 737 MAX series and awaits certification for other models. BA shares rose 1.07% to $220.61.

Portfolio Pulse from Vandana Singh

November 22, 2023 | 5:33 pm

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