Feb 26, 2024

Ryanair warns of higher fares in summer due to lack of planes

The boss of Ryanair has said holidaymakers will face higher fares this summer due to new Boeing planes arriving late. Chief executive Michael O'Leary said the delayed delivery of the planes will constrain capacity for passengers. Ryanair hopes to get some compensation, but is focussed on getting planes delivered, he added. Mr O'Leary said that a delivery of 57 Boeing 737 Max 8200's was due by March, but the firm thinks only 40-45 may arrive in time for the summer season. A problem with Pratt & Whitney engines, for example, has grounded a number of Airbus planes used by carriers such as Wizz Air.

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