[ADVERT]
Share Name Share Symbol Market Type
Boeing Co NYSE:BA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.44 0.2% 216.41 218.66 214.35 215.49 7,140,886 20:34:05

Ryanair Talks With Boeing Over 737 MAX 10 Order End on Pricing Disagreements

06/09/2021 11:18am

Dow Jones News


Boeing (NYSE:BA)
Historical Stock Chart


From Aug 2021 to Oct 2021

Click Here for more Boeing Charts.

By Anthony O. Goriainoff

 

Ryanair Holdings PLC said Monday that its negotiations with Boeing Co. over an order for the Boeing 737 MAX 10 aircraft have ended as an agreement on pricing couldn't be reached.

The Irish low-cost carrier said that although both companies had been in discussions over the past 10 months, it became clear last week that the pricing gap couldn't be closed and that both parties have agreed "to waste no more time on these negotiations."

Still, the budget airline said it will take delivery of over 200 Boeing 737 aircraft from 2021 to 2025, and that these deliveries will see its fleet grow to over 600 aircraft.

The airline said it had a disciplined track record of not paying high prices for aircraft, and that Boeing's outlook on aircraft pricing was more optimistic than theirs.

"We do not share Boeing's optimistic pricing outlook, although this may explain why in recent weeks other large Boeing customers such as Delta and Jet2, have been placing new orders with Airbus, rather than Boeing," Chief Executive Michael O'Leary said.

Shares in London were up 0.9% at EUR16.05.

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

September 06, 2021 06:03 ET (10:03 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Boeing Chart

1 Year Boeing Chart

1 Month Boeing Chart

1 Month Boeing Chart
ADVFN Advertorial
Your Recent History
NYSE
BA
Boeing
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20211020 19:49:03