SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of December 2019
RYANAIR HOLDINGS PLC
(Translation of registrant's name into English)
c/o Ryanair Ltd Corporate Head Office
Dublin Airport
County Dublin Ireland
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F..X.. Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
Yes No ..X..
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- ________
RYANAIR SLOWS S.2020 GROWTH DUE TO BOEING MAX DELAYS
NUREMBERG (2 AIRCRAFT) AND STOCKHOLM SKAVSTA (4) TO CLOSE IN MARCH
Ryanair Holdings plc today (4 Dec) updated investors on further delivery delays of the B737 MAX aircraft for summer 2020. Ryanair has again revised its S.2020 schedule based on receiving just 10 MAX aircraft rather than the 20 as previously planned.
As a result, expected traffic growth for FY21 (y.e. 31 March 2021) is cut from 157m guests to 156m. This shortfall in MAX aircraft deliveries will necessitate the closure of two more bases in S.2020; Nuremberg and Stockholm Skavsta. We also expect to cut summer capacity in a number of other existing bases, and we are currently in discussions with our people, our unions, and our affected airports to finalise these minor reductions.
Ryanair DAC CEO Eddie Wilson said:
"We regret these two further base closures and minor capacity cuts at other bases which are solely due to further delivery delays to our Boeing MAX aircraft. We are continuing to work with Boeing, our people, our unions and our affected airports to minimise these capacity cuts and job losses".
ENDS
For further information
please contact: Alejandra Ruiz Piaras Kelly
Ryanair DAC Edelman Ireland
Tel: +353-1-9451799 Tel: +353-1-6789333
press@ryanair.com ryanair@edelman.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Date: 04 December, 2019
| | By:___/s/ Juliusz Komorek____ |
| | |
| | Juliusz Komorek |
| | Company Secretary |
