An Irish newspaper is reporting that a St. Patrick’s Day meeting between President Obama and Irish Prime Minister Enda Kenney may bring a pleasant announcement for Boeing.
Irish budget airline Ryanair may use that occasion to announce an order for up to 200 Boeing 737s, suggested the Irish Independent.
Ryanair, always in search for a bargain, is one of Boeing’s biggest 737 customers. The ultra-budget carrier bought a big batch of 737 shortly after the 9-11 terrorist attacks taking advantage of low prices caused by airline cancellations and postponements of aircraft orders. The airline also ordered dozens of 737s in 2005 at relative bargain prices.
But Ryanair reportedly hasn’t had as much luck in recent years driving a hard bargain. The airline publicly announced it was talking with Airbus about a big order and worked with Chinese aircraft makers to develop a new airliner in that country expecting those moves would push Boeing toward lower prices.
Airbus has said it can’t meet Ryanair’s price targets, and the Chinese arrangement so far hasn’t yielded any orders from Ryanair.
Ryanair received the last of the 737-800s ordered in 2005 in December. Now it needs to make a new order to continue its growth.
Ryanair is famous for its low fares and frugal ways. The airline has eliminated window shades and magazine pockets from its aircraft interiors to cut weight. It sells ads on the back of tray tables and the front of overhead bins to raise revenue, and it flies to out-of-the-way airports to cut landing fees and terminal costs.