Ryanair freezes payment to Boeing due to 737MAX delivery delays

Ryanair CEO Michael O’Leary gave a pessimistic outlook for the resumption by Boeing of deliveries of its grounded 737 Max, saying the carrier has frozen payments to the manufacturer and started talks on recouping costs of the delay.

Deliveries of the aircraft will likely slip “another couple of months” to March or April, he said at an annual shareholders’ meeting Thursday, calling it the biggest operational challenge currently facing the Irish discount airline.

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