Ryanair CEO Still Has 'Utmost Confidence' in Boeing 737 Max

Ryanair CEO Still Has 'Utmost Confidence' in Boeing 737 Max

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the challenges and opportunities in the airline industry, focusing on Ryanair's strategy amidst market overcapacity and pricing issues. It highlights Ryanair's competitive advantage as the lowest cost operator in Europe and the impact of Boeing 737 Max delays on their operations. The discussion also covers Brexit's potential effects on air traffic and Ryanair's strategic responses, including share buybacks and potential aircraft orders.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the decline in airfares in Europe according to the transcript?

New government regulations

Increased fuel prices

Overcapacity in the market

Rising labor costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does Ryanair believe it has more staying power in the European market?

It is the lowest cost operator

It receives government subsidies

It has the most advanced aircraft

It has the largest market share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic move has Ryanair made in response to the current market conditions?

Announcing a share buyback

Hiring more staff

Increasing ticket prices

Reducing flight routes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the delayed Boeing 737 Max deliveries on Ryanair's costs?

Costs will increase by 5%

Costs will increase by 2%

Costs will remain flat

Costs will decrease by 2%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Ryanair's expectation for the Boeing 737 Max aircraft?

It will face further delays

It will be replaced by a new model

It will return to service by next summer

It will be permanently grounded

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Ryanair view the potential impact of Brexit on its operations?

It considers it a short-term inconvenience

It sees it as a major long-term threat

It expects it to boost consumer confidence

It believes it will have no impact

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Ryanair's plan regarding new aircraft orders?

Switch to Airbus entirely

Delay orders until 2025

Negotiate a discount with Boeing

Cancel all future orders