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Impact of Boeing delays on Ryanair and the airline industry

Financial performance declined in the second quarter

Ryanair's financial performance declined in the second quarter, with net profit falling 6% to € 1.4 billion. The decline was mainly due to delays in Boeing aircraft deliveries, which negatively impacted both results and passenger traffic. As a result, the low-cost carrier had to lower its passenger growth estimates for fiscal year 2026 from 215 million to 210 million. Ryanair CEO Michael O'Leary ex...

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London, United Kingdom, 11/04/2024 14:26
AVIONEWS - World Aeronautical Press Agency

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