Ryanair is to speed up pilot recruitment for the next three years as it prepares to introduce its first Boeing 737 Max 10s in spring 2027.
It states that Boeing is expecting Max 10 certification in mid-2026 and that the airframer expects to meet Ryanair’s contracted delivery dates for the budget airline’s first 15 aircraft.
“We need to accelerate cadet and first officer recruitment for the next three years,” says Ryanair in a first-half briefing, adding that it will invest about €25 million ($29 million) per year.
It says the training will increase first officer crewing ratios but provide a “strong pool” of “home-grown” first officers ready for transition to captaincy when the Max 10 deliveries increase over 2028-30.
Ryanair is nearing completion of its order for 210 Boeing 737 Max 8-200s, and improved Boeing delivery times have the airline “confident” that its final six aircraft will arrive “well ahead” of next year’s summer season.
Over the first half it took delivery of 23 Max 8-200s and, by the end of October, its fleet of the type stood at 204 out of a total fleet of 641 aircraft.
Ryanair adds that half of the powerplants from a purchase of 30 CFM International Leap-1B engines – intended for operational resilience – had been delivered by 30 September.
As a result of the earlier-than-expected 737 deliveries, and strong first-half demand, the airline is forecasting higher passenger numbers for the full year – around 207 million.
Over the first half the airline generated a 42% rise in net profit to €2.54 billion as revenues increased by 13%.
But it points out that, while third-quarter forward bookings are “slightly ahead” of the previous year, the airline faces “more challenging” situation with fare growth.
It says fare outcome will be determined by close-in bookings for the Christmas holiday season, and it will not benefit from an Easter holiday in the fourth quarter.
While it is not able to provide detailed full-year profit guidance, Ryanair expects to recover “all” of the full-year fare decline of the previous year, and generate “reasonable” net profit growth for fiscal 2025-26.
Ryanair is to speed up pilot recruitment for the next three years as it prepares to introduce its first Boeing 737 Max 10s in spring 2027.
It states that Boeing is expecting Max 10 certification in mid-2026 and that the airframer expects to meet Ryanair’s contracted delivery dates for the budget airline’s first 15 aircraft.
“We need to accelerate cadet and first officer recruitment for the next three years,” says Ryanair in a first-half briefing, adding that it will invest about €25 million ($29 million) per year.
It says the training will increase first officer crewing ratios but provide a “strong pool” of “home-grown” first officers ready for transition to captaincy when the Max 10 deliveries increase over 2028-30.
Ryanair is nearing completion of its order for 210 Boeing 737 Max 8-200s, and improved Boeing delivery times have the airline “confident” that its final six aircraft will arrive “well ahead” of next year’s summer season.
Over the first half it took delivery of 23 Max 8-200s and, by the end of October, its fleet of the type stood at 204 out of a total fleet of 641 aircraft.
Ryanair adds that half of the powerplants from a purchase of 30 CFM International Leap-1B engines – intended for operational resilience – had been delivered by 30 September.
As a result of the earlier-than-expected 737 deliveries, and strong first-half demand, the airline is forecasting higher passenger numbers for the full year – around 207 million.
Over the first half the airline generated a 42% rise in net profit to €2.54 billion as revenues increased by 13%.
But it points out that, while third-quarter forward bookings are “slightly ahead” of the previous year, the airline faces “more challenging” situation with fare growth.
It says fare outcome will be determined by close-in bookings for the Christmas holiday season, and it will not benefit from an Easter holiday in the fourth quarter.
While it is not able to provide detailed full-year profit guidance, Ryanair expects to recover “all” of the full-year fare decline of the previous year, and generate “reasonable” net profit growth for fiscal 2025-26.
Source link
Share This:
skylinesmecher
Plan the perfect NYC Memorial Day weekend
Pack only what you need and avoid overpacking to streamline the check-in and security screening…
LA’s worst traffic areas and how to avoid them
Consider using alternative routes, such as Sepulveda Boulevard, which runs parallel to the 405 in…
UK Royal Air Force advances crew training capability as delayed Boeing E-7A Wedgetail nears service entry
The UK Royal Air Force (RAF) has edged closer to reinstating its lapsed airborne early…
Croatia Airlines pressured by weak revenue growth and continuing fleet-renewal costs
Croatia Airlines’ full-year losses have doubled, a situation which the carrier attributes to weak revenue…
London City consults on shallower glideslope to enable A320neo operations
London City airport is seeking to implement a shallower glideslope of 4.49° – compared with…
GTF shop visits continue to drive commercial maintenance revenues at MTU
MTU Aero Engines is expecting continuing strong demand for powerplant maintenance, with the persisting Pratt…
Draken boosts UK ‘Red Air’ service delivery with L-159E after completing first depot-level inspection
Adversary training specialist Draken has completed a first depot-level inspection on one of the Aero…
Rolls-Royce lifts Trent engine durability-improvement target
Rolls-Royce has hiked the durability improvement target for its Trent engine time-on-wing programme, raising the…
Strong aftermarket drives up Rolls-Royce aerospace profits despite dip in engine deliveries
While supply-chain issues dragged engine deliveries down last year, Rolls-Royce’s financial performance in civil aerospace…
Airbus plots European-developed version of autonomous H145M helicopter
Airbus Helicopters is actively pursuing a domestically-developed autonomous uncrewed version of its H145M light-twin for…
Canada’s first Pilatus PC-21 Siskin II trainer enters flight-testing in Switzerland
Pilatus has completed the first flight of a PC-21 trainer produced for the Royal Canadian…
French navy receives final upgraded ATL-2 maritime patrol aircraft
France has completed a major upgrade to its navy-operated fleet of Dassault-Breguet ATL-2 maritime patrol…