Ryanair CEO on Boeing Max's Return to Service

The video discusses the impact of geopolitical tensions, particularly in Iran, on oil prices, noting that US shale production is a key factor in keeping prices stable. It highlights the benefits of low airfares and efficient aircraft for consumers. The discussion then shifts to the Boeing 737 Max, emphasizing its environmental benefits and the anticipated return to service, despite previous delays. The speaker expresses confidence in the aircraft's safety and performance, drawing parallels to the successful recovery of the 787 model.

What is the main reason for the downward trend in oil prices despite geopolitical tensions?

• Russia's increased oil production

• Decreased global demand for oil

• Increased demand from OPEC nations

• US shale production acting as a swing producer

How has the airline industry been affected in terms of pricing and traffic volumes?

• Stable pricing and traffic volumes

• High pricing and low traffic volumes

• High pricing and strong traffic volumes

• Weak pricing but strong traffic volumes

What is a key environmental benefit of the new aircraft technology discussed?

• 5% more seats

• 20% more seats

• 16% less fuel consumption

• 10% less fuel consumption

When is the Boeing 737 Max expected to return to service according to the transcript?

• By the end of August

• By the end of November

• By the end of September

• By the end of October

What past aircraft issue is compared to the current situation with the 737 Max?

• A380 grounding due to fuel leaks

• A320 grounding due to engine issues

• 787 grounding due to lithium ion batteries

• 777 grounding due to structural issues