Ryanair Maps Growth With 737 Max Jets While Rivals Shrink

  • Carrier seeks incentives at airports facing ‘severe cuts’
  • Airline wants Boeing jet to prepare for growth rebound in 2021
Ryanair CEO Michael O’Leary speaks with Bloomberg's Vonnie Quinn and Matt Miller on "Bloomberg Markets: European Close.”
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Ryanair Holdings Plc is planning to rekindle growth after the coronavirus crisis by negotiating incentives with traffic-starved airports and betting on the return of Boeing Co.’s beleaguered 737 Max.

Europe’s largest low-cost carrier is in talks with airports in Germany, Austria, Italy, Spain and Portugal that are facing “severe cuts” in capacity as the Covid-19 pandemic batters air travel, Chief Executive Officer Michael O’Leary said in an interview Tuesday. The discussions involve “expanding our growing traffic in their airports over the next 18 months,” he said.