Ryanair Holdings PLC RYANAIR SLOWS S20 GROWTH DUE TO BOEING MAX DELAYS (6557V)
04 Dicembre 2019 - 1:00PM
UK Regulatory
TIDMRYA
RNS Number : 6557V
Ryanair Holdings PLC
04 December 2019
RYANAIR SLOWS S.2020 GROWTH DUE TO BOEING MAX DELAYS
Nuremberg (2 aircraft) and Stockholm Skavsta (4) to close in
March
Ryanair Holdings plc today (4 Dec) updated investors on further
delivery delays of the B737 MAX aircraft for summer 2020. Ryanair
has again revised its S.2020 schedule based on receiving just 10
MAX aircraft rather than the 20 as previously planned.
As a result, expected traffic growth for FY21 (y.e. 31 March
2021) is cut from 157m guests to 156m. This shortfall in MAX
aircraft deliveries will necessitate the closure of two more bases
in S.2020; Nuremberg and Stockholm Skavsta. We also expect to cut
summer capacity in a number of other existing bases, and we are
currently in discussions with our people, our unions, and our
affected airports to finalise these minor reductions.
Ryanair DAC CEO Eddie Wilson said:
"We regret these two further base closures and minor capacity
cuts at other bases which are solely due to further delivery delays
to our Boeing MAX aircraft. We are continuing to work with Boeing,
our people, our unions and our affected airports to minimise these
capacity cuts and job losses".
ENDS
For further information
please contact: Alejandra Ruiz Piaras Kelly
Ryanair DAC Edelman Ireland
Tel: +353-1-9451799 Tel: +353-1-6789333
press@ryanair.com ryanair@edelman.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCEAEALEAKNFFF
(END) Dow Jones Newswires
December 04, 2019 07:00 ET (12:00 GMT)
Grafico Azioni Ryanair (LSE:RYA)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Ryanair (LSE:RYA)
Storico
Da Apr 2023 a Apr 2024