*
Boeing ( BA ) brings forward delivery of 25 planes
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Ryanair to boost capacity for lucrative Christmas period
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CEO O'Leary optimistic rather than confident about MAX 10
timetable
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If larger MAX 10 is delayed, Ryanair growth would
'flatline',
CEO says
(Recasts with new comments about winter plans, risk to MAX 10
schedule in paragraphs 4, 8-10)
By Kate Abnett and Joanna Plucinska
BRUSSELS/LONDON, Aug 27 (Reuters) - Ryanair is
planning to boost capacity this winter after Boeing ( BA )
agreed to bring forward the delivery of 25 new MAX 8 aircraft to
October, its CEO Michael O'Leary said on Wednesday.
The end of the year Christmas travel season offers lucrative
earning potential for carriers so maximizing capacity at that
time can help meet higher travel demand. Ryanair said Boeing ( BA )
recently agreed to deliver the aircraft by October rather than
by early 2026.
"We'll put on extra flights from about the 15th of December
through to about fifth or sixth of January, so there'll be a
reasonable spike in December and January, that peak high
yielding traffic period Christmas," O'Leary said.
He went on to say he was "optimistic, but not confident"
of the timing of its next major delivery from Boeing ( BA ), which
consists of MAX 10 jets due in early 2027, and warned the
airline's growth could flatline that year if there was a delay.
The Irish airline, Europe's largest by passenger numbers,
has had to repeatedly cut growth forecasts due to delays by
Boeing ( BA ), 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.
BOEING TURNAROUND
O'Leary said that he was impressed by the turnaround at
Boeing ( BA ) and had been reassured by Boeing ( BA ) that it would look for
approval to boost its monthly output of 737 jets to 42 per month
from 38 by October.
"The quality of what they're delivering is excellent so
we're really impressed," he said, adding that he had spoken to
commercial airplanes head Stephanie Pope earlier on Wednesday.
Ryanair has placed a firm order for 150 of the new, larger
737 MAX 10 jets.
"We're getting very tight to our first deliveries, which is
the spring of '27, so optimistic would be more the word I'd use
than confident," he said.
"If we don't get them in time for summer '27, we will
flatline in terms of growth for summer '27 like, there's not a
lot I can do," he added.
O'Leary said part of the reason for wanting to bring the MAX
8 deliveries forward was due to the risk of EU tariffs on U.S.
jets.
"Right at the moment, we look like we're getting away with
no impact of tariffs. But, you know, I would still continue to
be wary, I think certainly until the midterm elections at
the back end of next year," he said.
STRONG SUMMER
O'Leary said bookings remain strong and its financial
guidance was unchanged from mid-August - when bookings were
about 1% ahead of the same point last year - despite having to
cancel around 700 flights in July due to strikes, mainly in
France.
Ticket prices dropped 7% on average in Ryanair's
July-September quarter last year, which hit profits. O'Leary
confirmed fares are expected to recover this year - but the
extent of the rise would depend on last-minute bookings for
September.
"We expect to get most of last year's 7% decline, but not
all," he told reporters. He added that average fares across the
summer so far were up by around 5-6%.