Eli Lilly & Co (LLY): Technical Analysis
$952.79
Eli Lilly & Co (LLY): Technical Analysis
05 Nov 2025, 17:14
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Due to delays in the delivery of Boeing aircraft, Ryanair pulled back on its winter schedule on Thursday, but the world's busiest airline said that the full-year traffic prediction was unaffected "as yet."
One of Boeing's biggest clients, Ryanair, stated in a statement that it anticipated taking delivery of 27 aircraft between September and December.
However, the low-cost carrier is currently only anticipating receiving 14 aircraft between October and December due to production delays at the Spirit Fuselage factory in Wichita, Kansas, as well as Boeing maintenance and delivery delays in Seattle.
According to Ryanair, flight cancellations will begin at the end of October and will be announced to all impacted customers via email over the following days.
As stated by Group Chief Executive Michael O'Leary, "At this early stage, we do not expect these delivery delays will materially affect our full-year traffic target of 183.5 million."
"But if the delays worsen or extend further into the January to March 2024 period, we may have to revisit this figure and possibly adjust it slightly downward," he continued.
A representative for Boeing said the aircraft manufacturer valued its collaboration with Ryanair and was dedicated to assisting the airline when asked if it could confirm the delays and when deliveries will be current.
Ryanair has reduced its full-year passenger prediction from 185 million in July, citing the possible impact of air traffic control strikes as well as Boeing delays.
O'Leary regularly criticised Boeing last year for delivery delays that affected deliveries up to its crucial summer season in 2023, but he put an end to the feud in May with a multibillion-dollar agreement for as many as 300 Boeing aircraft.
Before Boeing uncovered a production fault last month that hampered delivery of its best-selling 737 MAX aircraft, Ryanair management had claimed that deliveries had "significantly improved."
Three aircraft from the Belgian airport of Charleroi, two from Dublin, and five from Italian airports, including Bergamo, Naples, and Pisa, will be deleted from Ryanair's fleet, the airline announced. There will also be fewer planes at the airports in Cologne, Germany, Porto, Portugal, and East Midlands in the UK, according to the statement.
The airline stated it was striving to attempt to speed up deliveries in the January to May 2024 timeframe in order to reach the Summer 2024 peak travel season with all aircraft delivered as envisaged. The company had anticipated receiving 57 Boeing aircraft between September 2023 and May 2024.
(Sources: investing.com, reuters.com)