Ryanair Cuts Growth Forecast on Delayed Delivery of Max | Aviation International News

Ryanair Cuts Growth Forecast on Delayed Delivery of Max

Europe’s largest low-cost carrier will close bases and has lowered passenger growth outlook by 3 percent.

By Gregory Polek • Senior Editor

July 16, 2019

The continued grounding of the Boeing 737 Max has influenced Ryanair’s capacity plans and forced Europe’s largest low-cost carrier (LCC) to revise downward its passenger growth outlook for the next financial year. In an update to investors Tuesday, Ryanair said it cut its summer 2020 growth rate from 7 percent to 3 percent because its fleet will contain 28 fewer Boeing Max 200s than expected. The LCC had planned to have 58 of the type for its summer schedule next year, but since the Max 8 and 9 remain grounded it now anticipates receiving up to 30 Max 200s by the end of May 2020.

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