Ryanair ends talks for follow-on Max order
DUBLIN. Ryanair Holdings Plc ended negotiations with US plane maker Boeing Co. on a major follow-on order for 737 Max aircraft after failing to agree on pricing.
Talks on the higher-capacity Max 10 single-aisle jets ended after 10 months, Ryanair said in a statement Monday. Europe’s largest low-cost carrier has ordered 210 of the smaller Max-8200 already, with deliveries spanning the next five years. “Both sides have agreed to waste no more time on these negotiations,” Ryanair said.
While the Irish discounter is a long-standing partner whose business is valued, “we continue to be disciplined and make decisions that make sense for our customers and our company,” Boeing said in a statement.
Ryanair CEO Michael O’Leary is famed for driving hard bargains with planemakers, and for sharing the status of talks with the press.