Ryanair Hldg. Regulatory News (0RYA)

RYANAIR WELCOMES BOEING MANAGEMENT CHANGES IN SEATTLE

LOOKS FORWARD TO WORKING WITH DAVE CALHOUN AND STEPHANIE POPETO ELIMINATE DELIVERY DELAYS

Ryanair, Europe's No.1 airline, today (25 Mar) said it welcomes today's immediate management changes in the Boeing management team in Seattle. Stephanie Pope has been appointed to lead Boeing Commercial Aeroplanes effective today, replacing Stan Deal who has retired. Ryanair believes these changes are necessary and good for Boeing and its customers.

Ryanair looks forward to continuing to work with Boeing CEO Dave Calhoun and BCA CEO Stephanie Pope to eliminate the Boeing 737 delivery delays, which is slowing Ryanair's growth through 2024.

Ryanair's CEO Michael O'Leary said:

"We welcome these much-needed management changes in Seattle. We look forward to working with Stephanie Pope to accelerate B737 aircraft deliveries to customers, including Ryanair in Europe, for Summer and Autumn 2024. We also look forward to continuing to work with Boeing CEO Dave Calhoun and CFO Brian West, and to helping Boeing recover its aircraft deliveries so that Ryanair can continue to grow strongly as Boeing's no.1 customer here in Europe."

ENDS

Notes to Editor:

Please see video statement from Michael O'Leary HERE

For further information

please contact: Press Office

Ryanair DAC

Tel: +353-1-9451799

press@ryanair.com