Ryanair Holdings PLC to Discuss the Expectation of Boeing MAX Delivery Delays to Slow Capacity Growth Call Transcript

Jul 16, 2019 / 09:30AM GMT
Operator

Hello and welcome to the Ryanair Conference Call. (Operator Instructions) And just to remind you, this conference call is being recorded.

Today, I'm pleased to present Michael O'Leary, CEO. Please go ahead with your meeting.

Michael O'Leary - Ryanair Holdings plc - CEO & Executive Director

Okay. Good morning, ladies and gentlemen, and thank you for joining in our call this morning.

There's been a degree of uncertainty over the Boeing 737 MAX aircraft and its delivery over the last number of months. As you'll be aware, we were scheduled to take 5 of these aircraft in April, May and June this year with another 53 aircraft scheduled for delivery later on this -- at the back end of 2019 and into early 2020, which would have given us a total of 58 aircraft for the summer 2020 schedule, and that underpinned our traffic growth estimates of -- which is about 152 million passengers this year rising to 162 million passengers in the year to March FY '21.

We're still in the realms of uncertainty at the moment, but it's clear

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot