July 1, 2022

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Ryanair CEO launches lewd engagement speech against Boeing

Ryanair CEO launches lewd engagement speech against Boeing

“Right now, we think Boeing management is roaming like a headless chicken, unable to sell planes, and then even the planes they deliver, they can’t deliver on time,” Ryanair CEO Michael O’Leary said. , the largest discount airline in Europe, which has ordered nearly 400 planes from Boeing since 2010.

O’Leary and Boeing had a plane Unusually general controversy Last fall around negotiations over a potential order for the next generation 737 Max, Ireland-based Ryanair cut talks over a dispute over pricing.

The CEO’s unusually candid comments on Monday focused on Boeing’s delays in delivering aircraft. O’Leary said Ryanair has had to scale back its schedules for the spring and summer because the planes the aircraft manufacturer expected to deliver by the end of April likely won’t arrive until the end of June.

“I can understand why there might be different challenges with manufacturing new planes, but the planes you built and built two years ago, all you have to do is put gasoline in them and take them to Dublin, really,” he said on a conference call with investors about the airline’s financial results. I understand why you’re two to three months late.” “It smells of really poor management performance in Seattle.”

Boeing declined to comment on O’Leary’s comments.

management criticism

O’Leary said Boeing makes great planes, but it may be time for a change of management.

“Either the current administration needs to improve its game, or it needs to change the current administration, it will be our view of life,” he said. “We are very happy to work with the current management but they need to improve on what they have been giving us over the past 12 months. … We are a willing customer, but we struggle with slow deliveries and the inability to close a deal on new aircraft despite the number of white tails that sits on the floor in Seattle.”

Boeing has faced many problems in recent years, including the 737 Max crisis that cost it More than 20 billion dollars. The company was also ordered by the Federal Aviation Administration to halt deliveries of its 787 Dreamliners last June due to Quality control problems. It faced delays in obtaining approval for its next-generation 777X wide-body aircraft, which forced Boeing to Pushing back the first deliveries of the plane two years until at least 2025.
Boeing has also incurred significant losses in its military and aerospace business, including a recent $660 million cost on two aircraft it is completing that will be used as new aircraft. Air Force. She also fights Delays in building a spacecraft To carry American astronauts to the International Space Station.

“If they put their bodies together, we’d be ready to take in more planes on summer 23 and summer 24,” O’Leary said. “There is growth out there that can be achieved.”

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He also said the airline was ready to resume negotiations on an order for the new generation 737 Max, although he noted that it has not yet been approved by the Federal Aviation Administration, which makes reliance on it risky. So Ryanair is also looking into the possibility of buying 50 planes from the used car market instead. And he had pick words for Boeing’s sales staff.

“You wonder what their sales team has done in the last two years,” O’Leary said. “Honestly it looks like most of them are sitting at home working from home rather than being outside selling planes to customers.”

O’Leary also criticized Boeing’s recently announced plan to… Relocation of the company’s headquarters From Chicago to Arlington, Virginia, a suburb of Washington.

“Moving headquarters to Virginia from Chicago, while it may be beneficial to the defense side of the business, does not fix the underlying underlying issues on the civilian aircraft side of Seattle,” he said.

Other customer reviews

In addition to O’Leary, several other airlines have complained about recent conference calls – albeit in less varied language – about the problems they encounter with 787 or 777X delays.

Domhnall Slattery, CEO of Avolon, one of the world’s leading aircraft leasing companies, suggested earlier this month that Boeing needed a change in culture – and perhaps leadership.

“I think it’s fair to say Boeing has lost its way,” Slattery told the Airfinance Journal conference, in comments first reported by Reuters and confirmed by Avolon. “Boeing has a great history…they make great planes. But it’s said that culture eats strategy for breakfast and that’s what happened at Boeing.”

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