PRESS: Ryanair CEO says ‘deal to be done’ for Boeing 737 jets - FT

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Ryanair Holdings PLC has restarted negotiations with Boeing Co for a new order of 737 passenger planes, the Financial Times reported on Thursday.

The Dublin-based budget airline is in ‘the early stages’ of discussions with the Arlington, Virginia-based aircraft maker, Ryanair Chief Executive Michael O’Leary told the newspaper. The new talks come 18 months after previous negotiations ended without agreement on price, the FT said.

‘We are back talking to them, which I think is an indication there is some movement on pricing,’ O’Leary told the FT. ‘I think there is a deal to be done.’

The order could be for 737 Max 10 jets or the smaller Max 8200, O’Leary said, according to the FT.

https://www.ft.com/content/95ded6d4-2d0c-469b-b7a1-e33aebf87619

Ryanair shares were down 0.4% at €14.91 on Friday, while Boeing was up 1.1% to $198.40.

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