"Ryanair's CEO Michael O'Leary stated that if US tariffs impact Boeing aircraft pricing, the airline would reassess its 330 orders and explore other suppliers."
"The airline industry is facing potential restructuring pressures due to tariffs; Ryanair's threats reflect broader uncertainties as it navigates global market dynamics."
Ryanair has threatened to cancel orders for 330 Boeing 737 MAX aircraft, valued at over $30 billion, as US tariffs elevate prices. CEO Michael O'Leary warned that if tariffs impact aircraft costs, the airline would reconsider its orders and may explore suppliers like Chinese manufacturer COMAC. This move illustrates potential shifts in the aerospace industry, particularly if tariffs persist. Despite O'Leary's escalated threats, industry sources doubt that Ryanair could easily find alternatives, especially with COMAC not yet certified in Europe and Airbus fully booked.
Read at www.aljazeera.com
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