Summary Ryanair's chief executive has publicly criticized Boeing for continuous delivery delays. According to Michael O'Leary, the low-cost carrier was set to lose about €500 million ($556.3 million) in revenue due to delivery delays in FY2025.
In addition, Ryanair's yields have worsened as it had to address the worsening financial condition of its travelers with additional price stimulations. Michael O’Leary, the chief executive of Ryanair Group , has continued to voice his frustration with Boeing and the manufacturer’s inability to deliver aircraft on time. Losing out revenue According to a report issued by the AFP and cited by several news outlets, including Yahoo Finance , O’Leary, the chief executive officer (CEO) of Ryanair , said that Boeing’s delivery schedule has impacted its growth this year.
As a result of the fewer aircraft it would receive during the year, it expected to carry less than the 205 million passengers that it had previously expected. “We were supposed to get seven in July. We got five.
We were supposed to get ten in August. We're going to be lucky if we get five.” It has been very frustrating to deal with the manufacturer, O’Leary added.
As such, the low-cost carrier should end its current fiscal period with around €500 million ($556.3 million) fewer revenues. Ryanair warned that any further delivery delays could worsen its situation in an already difficult fare environment.
Receiving compensation from Boeing In Q1 FY2025, Ryanair en.