financetom
Business
financetom
/
Business
/
US lawmaker warns Ryanair against buying Chinese-made planes
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US lawmaker warns Ryanair against buying Chinese-made planes
May 25, 2025 11:10 PM

*

US lawmaker warns Ryanair against Chinese aircraft

purchase due

to security concerns

*

COMAC accused of ties to Chinese military, intellectual

property

theft

*

Ryanair CEO considers Chinese jets if inexpensive enough

(Updates with Ryanair comment in paragraph 2)

By David Shepardson and Allison Lampert

WASHINGTON, April 30 (Reuters) - A senior U.S. lawmaker

has warned Ryanair against purchasing Chinese-made

aircraft due to security concerns, following comments by the CEO

of the low-cost Irish airline that he would consider buying

Chinese jets at the right price, according to a letter seen by

Reuters.

Ryanair responded to the letter by saying it would consider

cancelling planes it has on order from Boeing ( BA ) if U.S. tariffs

materially affect the price and look at alternatives, including

Chinese planemaker COMAC.

U.S. Representative Raja Krishnamoorthi, a Democrat from

Illinois, said in the April 29 letter to Ryanair CEO Michael

O'Leary that COMAC has close ties to the Chinese military and

that evidence indicates it has benefited from the illicit

acquisition of foreign intellectual property.

"Respectfully, U.S. and European airlines should not be even

contemplating the future purchase of airplanes from Chinese

military companies," said the letter from Krishnamoorthi, the

top Democrat on the House Select Committee on the Chinese

Communist Party.

The Chinese government has repeatedly denied U.S. claims

that its commercial companies steal intellectual property or

that they are used to advance Chinese military capabilities.

Reuters could not immediately reach COMAC for comment.

Last month, O'Leary told the publication Skift he would

order aircraft from China if the price was right, echoing

earlier signals that the Irish carrier would look for aircraft

beyond Boeing ( BA ) and European rival Airbus.

O'Leary's remarks have gained increased attention amid a

U.S.-China trade war which is impacting Boeing ( BA ) and other

aerospace companies. Boeing ( BA ) is a top U.S. exporter.

Boeing ( BA ) recently flew three 737 MAX jets that had been

stationed in China for delivery to Chinese airlines back to the

United States, and has indicated a number of its customers in

the country would not accept the planes due to the tariffs.

COMAC's C919 - designed to compete with best-selling

narrow-body models from Airbus and Boeing ( BA ) - entered service in

China in 2023 after winning domestic safety certification in

2022.

While it would take years for the C919 to be certified by

Europe's aviation regulator, Krishnamoorthi said in the letter

that COMAC is attempting to dominate the planemaking industry at

the expense of Boeing ( BA ) and Airbus.

Ryanair is waiting to take more jets from Boeing ( BA ), along with

the long-delayed certification of its MAX 10, in the wake of a

wider safety crisis at the U.S. planemaker.

But O'Leary told the Financial Times in mid-April that the

airline would likely delay delivery of Boeing ( BA ) jets if tariffs

are imposed on the aircraft.

The U.S. aviation industry is lobbying the White House for

exemptions from tariffs, asking them to restore the duty-free

regime under the 1979 Civil Aircraft Agreement.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved