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Ryanair Holdings (NASDAQ:RYAAY) is hoping a major new aircraft order agreement can be inked with Boeing (BA) CEO Michael O’Leary told The Financial Times on Thursday.
He told the paper that the airline he helms is in “the early stages” of discussions regarding new orders of Boeing 737 aircraft. Discussions had previously failed amid disagreements on pricing, with O’Leary even calling Boeing management “headless chickens” in mid-2022.
“We are back talking to them, which I think is an indication there is some movement on pricing...I think there is a deal to be done,” he told the British broadsheet on Thursday, shifting his tone substantially from the year prior.
O’Leary said a new agreement could include a “multibillion-dollar order” for the 737 Max 10 or for the smaller Max 8200. The Irish low-cost airline has been a key customer for Boeing, becoming its largest European customer in 2022.
Shares of Ryanair (RYAAY) and Boeing (BA) each rose about 1% in premarket trading on Thursday.
Read more on Boeing’s latest orders from Japan Airlines.