Ryanair has announced its negotiations with aircraft manufacturer Boeing over an order of MAX10 aircraft has been ended because the companies could not agree a price.
The budget carrier said both sides backed down last week after 10 months of talks.
It is a follow-on deal to Ryanair’s £22 billion order of 210 Boeing 737-8200s, of which it took deliver of its first in June.
The airline will take delivery of six of those aircraft this year, with the rest to follow up to 2025 by which time it hoped to grow its fleet to more than 600 aircraft with capacity for more than 200 million passengers a year.
Chief executive Michael O’Leary said: “We are disappointed we couldn’t reach agreement with Boeing on a MAX10 order. However, Boeing have a more optimistic outlook on aircraft pricing than we do, and we have a disciplined track record of not paying high prices for aircraft.
“We have a more than sufficient order pipeline to allow us to grow strongly over the next five years with a Boeing 737 fleet, which will rise to over 600 aircraft and will enable Ryanair to capitalise on the extraordinary growth opportunities that are emerging all over Europe as the Continent recovers from the Covid pandemic.
He added: “We do not share Boeing’s optimistic pricing outlook, although this may explain why in recent weeks other large Boeing customers such as Delta and Jet2, have been placing new orders with Airbus, rather than Boeing.”