Ryanair Threatens to Cancel Boeing Orders Over Tariffs

Ryanair has threatened to cancel its orders for 330 Boeing 737 MAX aircraft, valued at $30 billion, if US tariffs imposed under the Trump administration significantly raise prices. CEO Michael O'Leary stated that Ryanair would consider alternative suppliers, including China's COMAC, despite security concerns raised by US lawmakers. While Airbus is reportedly sold out for the rest of the decade, O'Leary indicated COMAC could be an option if it offers substantial cost savings. Ryanair's contracts with Boeing, like most in the industry, do not account for tariffs, leaving the airline liable for any additional costs. This marks a shift in tone from earlier optimism that aircraft would be exempt from tariffs, and highlights growing industry concerns over future contract terms amid ongoing trade tensions. Boeing investors have so far reacted calmly to the threat, with shares remaining stable.