MADRID, Oct 8 (Reuters) - Major Boeing customer
Ryanair said on Wednesday it was confident the U.S.
planemaker would get permission to boost the monthly production
rate of its flagship 737 model to 42 in October and then 48 by
March or April next year.
The Irish airline, Boeing's largest European customer, has
had to repeatedly cut growth forecasts due to delays at Boeing,
which is working to stabilise production after a mid-air panel
blowout on a new 737 MAX in January 2024 exposed widespread
production quality and safety problems.
Ryanair Group Chief Executive Michael O'Leary, whose team
holds regular meetings with Boeing management, said he was
"fairly confident" that the U.S. Federal Aviation Administration
would sign off on an increase in monthly production from 38 to
42 in October.
RYANAIR 'PRETTY CONFIDENT' ABOUT PROGRESS AT BOEING
"Will the FAA then allow them to go to rate 48 next March,
April, which is ... the next big jump? We're pretty confident
that will happen," he told Reuters in an interview.
The FAA capped 737 MAX production at 38 per month in early
2024 after the panel blowout. It said on September 26 that
Boeing had not sought a rate increase, but that if it did,
onsite FAA safety inspectors would conduct extensive reviews.
Boeing said earlier that month that it did not foresee any
supply chain problems preventing it from lifting monthly 737 MAX
output to 42 by year-end.
The other big question facing Boeing is the timing of
regulatory approval for the new 737 MAX 7 and MAX 10 aircraft.
Ryanair has 150 firm orders for the MAX 10.
"Will they get the MAX 7 and MAX 10 certified in 2026? ...
Boeing are telling us they're now very confident that
certification will take place."
While welcoming recent progress at Boeing, O'Leary said
there were no guarantees.
"So we're pretty confident, but it could still be
disrupted," he said.