Ryanair will outline plans to reduce growth and capital expenditures "significantly" in the first quarter of the new year after negotiations with Boeing for an order of up to 200 new 737-800s formally broke down, although it still plans to take 112 previously ordered -800s (including 48 next year) to sustain growth over the medium term. CEO Michael O'Leary, who has warned repeatedly that the deal may fall through (ATWOnline, Dec. 9), said the parties found common ground on pricing and a ...

Subscribe to Access this Entire Article

"Ryanair cancels 737 order plans, may reward shareholders" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.