Ryanair is talking to Boeing / Airbus about new planes
09.06.08
Ryanair has been in talks about buying planes with both Boeing and Airbus for the past six months but has yet to make any progress on price, the Irish Independent reports that chief executive Michael O'Leary told investors last week.
Europe's biggest budget airline will take delivery of about 100 Boeing 737-800 planes by 2012, and is making plans for growth beyond then. Chief executive Michael O'Leary said: ‘We started initial talks with Boeing and Airbus before Christmas. Both of them at that stage were telling us how big the order book was between now and 2012, with thousands of aircraft orders into India, North American refleeting, all that kind of nonsense. They weren't yet where we would want them to be to discuss serious numbers of aircraft.’
Ryanair famously secured its last aircraft order in the immediate aftermath of the 9/11 terror attack, achieving huge discounts from Boeing during a global aviation downturn caused by American tourists' fears of further terror attacks. Mr O'Leary said that he didn't think the latest round of talks would ‘go anywhere’ unless there was experienced ‘some significant painful retrenchment in the industry over this winter’.
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