Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSTOB.L Share News (STOB)

  • There is currently no data for STOB

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

PRESS: Ryanair Boss Still Confident In Boeing; Muslim Remark Backlash

Sat, 22nd Feb 2020 11:00

(Alliance News) - Ryanair Holdings PLC chief Michael O'Leary has said that Boeing Co aircraft will be the "safest, most checked planes" once the manufacturer overcomes its issues with its 737 MAX models following two deadly crashes.

Speaking to the Times, the Irish businessman criticized the US manufacturer for doing a "seriously bad job of explaining their new planes," but also cast a vote of confidence in the company's new aircraft.

"People will love the plane when it's back, but we have a customer confidence issue," the budget airline boss told the newspaper in an interview published on Saturday.

"We will deal with that by hopefully having lower fares onboard the plane while trying it out.

"And if someone decides they don't want to fly for a period of time we will say, 'Fine, you can offload yourself and we will refund you.' That's how much confidence we have in the plane," the famously refund-averse O'Leary said.

The Irish budget airline did not cancel a contract with Boeing to order up to 210 of its 737s, including MAX models, despite the US company's grounding of the 737 MAX series last March after crashes in Ethiopia and Indonesia killed 346 people.

The primary cause of the crashes in October 2018 and March 2019 is thought to be a fault in the flight control software, which Boeing had wanted to fix with an update more than a year ago.

In the most recent setback for Boeing, whose grounded 737 MAX airliners created a backlog in orders, foreign object debris was found in fuel tanks of some of the aircraft during maintenance work, the aviation giant said on Tuesday.

O'Leary faced criticism for claiming in the Times interview that terrorists "will generally be males of a Muslim persuasion".

The airline boss has been accused of making "racist and discriminatory" remarks, PA reported.

The Muslim Council of Britain said the comments amounted to discrimination against Muslim passengers, while hate-crime monitoring group, Tell Mama suggested his "flippant" words could end up having serious consequences for the business.

The 58-year-old told the Times that families with young children should be waved through airport security because there was "virtually" zero chance of them being bombers.

O'Leary also criticised UK Prime Minister Boris Johnson over the decision to rescue Flybe, with the 58-year-old questioning why taxpayers were left to foot the bill for a company owned by three of the industry's richest billionaires.

Flybe is owned by Connect Airways, a consortium made up of Cyrus Capital Partners, Stobart Group and Richard Branson's Virgin Atlantic – which itself is half-owned by US giant Delta Airlines.

"If Branson and Delta won't put their hands in their pockets, why should the taxpayer?" O'Leary told The Times.

O'Leary said he believes the aviation industry has been treated unfairly over environmental issues and pointed out Ryanair is spending GBP25 billion over the next eight years to make its fleet greener.

Source dpa and PA

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
3 Feb 2021 10:24

Stobart Group Shareholders Back Name Change To Esken

Stobart Group Shareholders Back Name Change To Esken

Read more
27 Jan 2021 16:11

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
11 Jan 2021 10:30

Stobart Group Changing Name To Esken After Selling Trademarks

Stobart Group Changing Name To Esken After Selling Trademarks

Read more
16 Nov 2020 10:10

Stobart Will Not Be Aer Lingus Preferred Supplier Under New Agreement

Stobart Will Not Be Aer Lingus Preferred Supplier Under New Agreement

Read more
16 Nov 2020 09:44

Aer Lingus to end Stobart regional deal in 2023

(Sharecast News) - Irish airline Aer Lingus has dropped Stobart Air as its regional services operator from 2023, it was announced on Monday.

Read more
4 Nov 2020 12:12

LONDON MARKET MIDDAY: Stocks In Europe Shake Off US Poll Uncertainty

LONDON MARKET MIDDAY: Stocks In Europe Shake Off US Poll Uncertainty

Read more
4 Nov 2020 10:38

UK WINNERS & LOSERS SUMMARY: Pharmaceutical Firms Rally

UK WINNERS & LOSERS SUMMARY: Pharmaceutical Firms Rally

Read more
4 Nov 2020 10:17

Stobart Interim Loss Widens Considerably; Plans Early Stobart Air Exit

Stobart Interim Loss Widens Considerably; Plans Early Stobart Air Exit

Read more
4 Nov 2020 09:10

Stobart Group swings to interim loss as Covid-19 weighs on air unit

(Sharecast News) - Aviation and energy infrastructure group Stobart said on Wednesday that freight operations at Southend Airport had helped to offset much of the disruption caused by the Covid-19 pandemic in the first half of its trading year.

Read more
4 Nov 2020 08:45

LONDON MARKET OPEN: FTSE Treads Water As Trump Threatens Court Fight

LONDON MARKET OPEN: FTSE Treads Water As Trump Threatens Court Fight

Read more
4 Nov 2020 07:45

LONDON MARKET PRE-OPEN: Stocks To Suffer Amid Tight White House Race

LONDON MARKET PRE-OPEN: Stocks To Suffer Amid Tight White House Race

Read more
2 Nov 2020 16:54

UK EXECUTIVE CHANGE SUMMARY: Kakuzi Acts To Prevent Human Rights Abuse

UK EXECUTIVE CHANGE SUMMARY: Kakuzi Acts To Prevent Human Rights Abuse

Read more
28 Oct 2020 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
19 Oct 2020 14:07

Flybe Could Return To Skies Next Year After Rescue Deal

Flybe Could Return To Skies Next Year After Rescue Deal

Read more
12 Oct 2020 13:02

Eddie Stobart drives back to profitability

(Sharecast News) - The owner of transport company Eddie Stobart Logistics has motored back to the black.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.