"Ryanair Anticipates Summer Fare Increase Amid Plane Shortage"

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Source: BBC.com
"Ryanair Anticipates Summer Fare Increase Amid Plane Shortage"
Photo: BBC.com
TL;DR Summary

Ryanair's chief executive, Michael O'Leary, has warned of higher ticket prices this summer due to delayed delivery of Boeing planes, which will constrain passenger capacity. The airline expects up to 10% fare increases, with only 40-45 of the 57 ordered Boeing 737 Max 8200's likely to arrive in time. This situation is exacerbated by concerns about Boeing's quality control and production speed, as well as issues with Pratt & Whitney engines affecting other carriers. O'Leary criticized Boeing's management and called for better oversight, while Boeing expressed regret over the impact on Ryanair and is working to address their concerns.

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