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Europe's largest low-cost carrier in September abruptly ended
talks with the U.S. planemaker over an order of 737 MAX 10 jets,
worth tens of billions of dollars because of differences over
price.
Speaking in a video presentation following the airline's latest
financial results, Group Chief Executive Michael O'Leary said
Boeing's approach was "delusionary".
Boeing did not immediately respond to an emailed request for
comment.
"Boeing out of the blue sought a... substantial double-digit
price increase. I don't understand the strategy. We think
Boeing's approach to this is delusionary," he said, describing
Ryanair as Boeing's only significant customer in Europe.
"Ryanair I think was very close, in active negotiations for a
follow-on order for MAX 10 but Boeing walked away from the
discussions because they are looking for a price increase at a
time when prices should be falling so Boeing can recover its
production," O'Leary said.
O'Leary in September said Ryanair had been in talks to order 100
of the 230-seat MAX 10 for delivery from 2026 to 2030 with an
option for 100 more before the talks were cancelled.
Ryanair Chief Financial Officer Neil Sorahan told Reuters in an
interview on Monday that the airline's management were "very
patient people".
"We'll wait until the time is right and the price is right" for
a Boeing plane order, Sorahan said.
(Reporting by Conor Humphries, Editing by Louise Heavens and
Barbara Lewis)
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