RYAAY - Ryanair said to focus on plane prices in talks with Boeing
2023-03-29 12:30:39 ET
European budget airline Ryanair ( RYAAY ) ( OTCPK:RYAOF ) is looking for price discounts in its latest round of talks with plane maker Boeing ( NYSE: BA ), Reuters reported. The two sides restarted negotiations after an 18-month impasse over prices.
Ryanair CEO Michael O'Leary said the carrier is interested in two models, the approximately 200-seat 737 Max 8200 and the bigger 737 Max 10, which is still in development.
An order for 100 planes and an option for 100 more likely will take several months of negotiations, he said at the A4E airline industry conference, Reuters reported.
Ryanair ( RYAAY ) ( OTCPK:RYAOF ) is rated as a Buy by Seeking Alpha columnist Dhierin Bechai . He also rates Boeing ( BA ) as a Buy on its growth potential as China reopens .
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Ryanair said to focus on plane prices in talks with Boeing