Posted 2/26/2024, 12:00:18 AM
Ryanair Warns of 10% Ticket Price Hike This Summer Due to Boeing Delays
- Ryanair warns ticket prices could be up to 10% higher this summer due to delayed delivery of new Boeing 737 Max 8200 planes, constraining capacity
- Only 40-45 of 57 new Boeing planes may arrive in time for summer travel season instead of expected full delivery by March
- Boeing facing production delays and quality control issues after recent engine blowout incident during Alaska Airlines flight
- Other airlines also facing capacity issues with grounded planes, leading to higher fares across Europe anticipated this summer
- Ryanair CEO criticizes Boeing's crisis management and removal of 737 Max program leadership, wants one person monitoring situation daily