Ryanair’s Confidence in Boeing’s 737 MAX Production Ramp-Up
Ryanair, Europe’s largest low-cost airline, expressed confidence on Wednesday that Boeing, the American aerospace manufacturing company, will increase its production rate of the 737 MAX jets to 38 per month this summer. This optimistic outlook was shared by Michael O’Leary, the airline’s CEO, during an interview with Bloomberg.
Boeing’s Production Target
Boeing has faced numerous challenges since the grounding of its 737 MAX fleet in March 2019 following two fatal crashes. However, the Federal Aviation Administration (FAA) is expected to grant approval for the plane’s return to service in the coming weeks. With this in mind, Boeing aims to ramp up its production rate from the current 24 jets per month to 38 by this summer.
Ryanair’s Perspective
Michael O’Leary, the CEO of Ryanair, is optimistic about Boeing’s production plans, stating, “Boeing have given us a commitment they’re going to be able to ramp up to 38 a month from July, and we’re assuming they’ll be able to get that approval from the FAA.”
Possible Increase to 42 Per Month
Additionally, O’Leary mentioned that Boeing has indicated it could potentially increase production to 42 jets per month. However, this will depend on the FAA’s certification process.
Impact on Ryanair
For Ryanair, the increase in Boeing’s production rate is good news. The airline has 210 Boeing 737 MAX jets on order, and it has already rescheduled some 2,000 flights to accommodate the delayed delivery of these planes. With an increase in production, Ryanair can expect to receive its planes sooner.
Impact on the World
The return of the 737 MAX to the skies and the increase in production will have a significant impact on the aviation industry. The 737 MAX is a popular aircraft model, and its absence has caused disruptions and financial losses for airlines worldwide. The return of the plane will help restore some normalcy to the industry, while the increased production will enable airlines to receive their planes more quickly.
Conclusion
The confidence expressed by Ryanair’s CEO, Michael O’Leary, that Boeing will ramp up its production of the 737 MAX jets to 38 per month this summer and potentially to 42 jets per month is a positive sign for the aviation industry. With the FAA’s certification process ongoing, the return of the 737 MAX to the skies and the increase in production will help restore normalcy to the industry and enable airlines like Ryanair to receive their planes more quickly. As the situation develops, we will keep you updated on any new information.
- Boeing aims to increase 737 MAX production to 38 jets per month this summer
- Ryanair is confident in Boeing’s production plans
- Potential for Boeing to increase production to 42 jets per month
- Impact on Ryanair: sooner delivery of planes
- Impact on the world: restoration of normalcy to the aviation industry
