

Ultimately, Ryanair's ability to negotiate better prices from Boeing depends on which company becomes desperate for a new order sooner. The Ryanair CEO indicated that he was willing to wait for many years to secure better pricing before placing a new order. He opined that Boeing was underestimating the pandemic's continuing impact on the global airline industry and that the aircraft manufacturer ought to be more motivated to secure additional orders.

O'Leary noted that Boeing recently lost out to Airbus on orders from Delta Air Lines and. However, Boeing have a more optimistic outlook on aircraft pricing than we do, and we have a disciplined track record of not paying high prices for aircraft." O'Leary commented: "We are disappointed we couldn't reach agreement with Boeing on a MAX10 order. Last Monday, Ryanair took the unusual step of issuing a press release stating that it had ended negotiations with Boeing regarding a potential 737 MAX 10 order. Most recently, O'Leary said in late August that he didn't expect to finalize an order until 2022 - but he added that Ryanair could order as many as 250 737 MAX 10s if Boeing dropped its asking price. However, management has consistently stated that the order depended on receiving favorable pricing. Considering the budget airline's clear preference to operate an all-737 fleet to simplify its operations and hold down costs, Ryanair's interest in placing a follow-up order was wholly unsurprising.Ī rendering of a Boeing 737 MAX 10 flying over snow-capped mountains.ĭuring 2021, Ryanair has continued to express interest in placing a large order for the 737 MAX 10. But it will undoubtedly want to continue growing and replacing older aircraft after 2025. With this order, Ryanair satisfied its new aircraft needs for the next several years. Deliveries are scheduled to run through 2025, helping the airline grow its fleet from around 470 aircraft last year to 600 by the summer of 2025. The order Ryanair placed in late 2020 brought its 737 MAX order book to 210 units. However, last week, Ryanair announced that it had ended discussions with Boeing about a follow-on 737 MAX 10 order, as the two sides had been unable to agree on pricing. That made it the first airline to place a major order for the troubled jet family following a nearly two-year lull, driven by the 737 MAX grounding and the COVID-19 pandemic.Īdding to Boeing shareholders' excitement, Ryanair CEO Michael O'Leary indicated that the European airline giant hoped to place a second big order (including the 737 MAX 10) within 12 to 18 months. Last December, Ryanair (NASDAQ: RYAAY) gave Boeing (NYSE: BA) a big boost by placing an order for 75 additional 737 MAX 200 jets. This technology is a leading contributor to the reduction of the area of acceptable noise contour of the 737 MAX engine by 40 percent.Īccording to Boeing, the aircraft has gained more than 240 orders and commitments secured from more than 10 customers worldwide.Ryanair Scraps Boeing 737 MAX 10 Order Plans The engine nacelles have an acoustic inner barrel that is manufactured from Hexcel’s engineered core and benefits from Hexcel’s Acousti-Cap® technology. The MAX family is powered by CFM International’s LEAP-1B engines, which feature Hexcel’s HexTow® IM7 carbon fiber in the fan blades and containment cases. Boeing believes there could be a market for more than 4,000 such aircraft over 20 years starting around 2025 when the 797 would first fly with airlines.īoeing also announced the launch of the 737 MAX 10 as the newest member of the 737 MAX family, which reportedly has the lowest seat-mile cost of any single-aisle airplane ever produced. Industry sources have said the fuselage will have a somewhat elliptical shape when seen from the front because the bottom of the plane will be flattened to get rid of unnecessary cargo space.Īs the Seattle Times’ Dominic Gates reported, Boeing is considering all options for fabricating the carbon fiber composites for the 797, including various new out-of-autoclave and resin infusion methods. Previously, Boeing had indicated that only that the 797’s wings would be composite.Īdditionally, the aircraft will not have the typical airliner cross-section. Like the 787 Dreamliner, the 797 will have an all-composite fuselage. During the 2017 Paris Air Show, Boeing made waves when it unveiled details about its highly-anticipated midsize aircraft, which many in the industry are calling the “797.” The 797 jet would fill a gap between Boeing’s single-aisle 737 workhorse and its advanced long range 787.
