Ryanair's CEO highlighted the airline's substantial orders with Boeing, emphasizing its position as the largest European customer of the American manufacturer. The newly formed Irish government plans an outreach effort to the US amidst concerns over potential tariffs from President Trump. Ryanair's recent performance report indicated optimism regarding the global economy and the airline sector under Trump's presidency, particularly regarding oil production which could decrease prices and benefit the industry. With $35 billion in aircraft orders, Ryanair could be pivotal in promoting Irish trade in the US.
If Trump could increase oil production and drive down oil prices, certainly that would be good for the world economy in general.
I think there's a lot of concern about trade and trade issues. Ireland and Europe have a significant card to play in the form of Ryanair.
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