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

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.

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

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

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

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%

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

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

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