Download full report with analyst certification and important disclosures
Jul 16 2019, 07:35 IST/BST
Ryanair Holdings
MAX delays mean slower growth in winter 2019 and summer 2020
- Sectors : Airlines & Other Transport
- Companies : Ryanair Holdings
DAVY VIEW
Ryanair will now revise its summer 2020 schedule based on 30 incremental aircraft, thus cutting the summer 2020 growth rate from 7% to 3%. With the delays of the MAX programme we consider this prudent and, while there will be a lot of choreography between regulators, we expect the aircraft will ultimately deliver savings to airlines and provide an opportunity for deals, with delays further tightening supply. Call at 10:30: +353 1 4311252; UK +44 333 3000 804; pin code # 68010001#.
