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Ryanair threatens to pull Boeing orders in price spat

28 October 2009

Ryanair Holdings Plc said it will cancel existing aircraft orders with Boeing Co. if the U.S. manufacturer doesn’t cut the asking price for a new batch of planes.

Negotiations with Boeing over a contract for as many as 200 short-haul aircraft are progressing “‘slowly’,” Chief Executive Officer Michael O’Leary said today at a briefing in Hamburg. Ryanair may respond by shelving the requirement and scrapping and deferring some current contracts.

source: Daily Herald

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