Ryanair Ends Talks for Boeing 737 Order - TheStreet

Ryanair Ends Talks for Boeing 737 Order

Ryanair said talks with Boeing for an order of up to 200 new B737-800 series aircraft for delivery between 2013 and 2016 have ended without a deal.
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NEW YORK (

TheStreet

) --

Ryanair

(RYAAY) - Get Report

, the low-cost Irish airline, said Friday negotiations with

Boeing

(BA) - Get Report

for an order of up to 200 new B737-800 series aircraft for delivery between 2013 and 2016 have ended without a deal being reached.

Ryanair said the termination of the talks won't affect plans for the airline to take delivery of 112 B737-800 aircraft during the next three calendar years.

"While we reached agreement with Boeing on pricing for 200 aircraft deliveries during the 2013-16 period, Boeing were unwilling to incorporate some other terms and conditions from our existing agreement into this new aircraft order," said Ryanair CEO Michael O'Leary, in a statement to the London Stock Exchange Friday.

Ryanair said it has no plans to reopen discussions with Boeing or any other aircraft manufacturers.

"Perhaps in future there may be other opportunities for Ryanair and Boeing to work together to our mutual benefit," the airline said.

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-- Reported by Joseph Woelfel in New York.

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