SFGate: Ryanair Cuts Schedule Due to Late Delivery

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Tuesday, December 20, 2005 (AP)
Ryanair Cuts Schedule Due to Late Delivery



   (12-20) 10:10 PST LONDON, United Kingdom (AP) --

   Irish budget airline Ryanair Holdings PLC said Tuesday it is cutting its
flying schedule in the next quarter because of the late delivery of planes
from Boeing Co.

   The flight cancellations would result in 100,000 fewer passengers a month
from January to March, said Ryanair, which has been opening up routes
across Europe rapidly in the past year.

   It will not affect Ryanair's profit guidance for the fiscal year ending
March 31, 2006, Ryanair's Deputy Chief Executive Michael Cawley said. The
airline, Europe's largest budget carrier by passenger numbers, said last
month it expected full-year profit to rise about 10 percent to just over
300 million euros ($354.4 million).

   Ryanair is waiting on a delivery of four Boeing 737-800 series aircraft,
which have been delayed by a strike by Boeing's Machinists in September.

   Boeing was forced to halt production of commercial airplanes for four
weeks after workers walked off the job over issues including health
benefits and pension payouts.

   The Chicago-based aerospace company said in a statement that it has work=
ed
with Ryanair on a revised delivery schedule through 2006.

   Passengers affected by the changes will be notified at least three weeks
in advance and switched to other flights or given a refund of their
airfare, the airline said. ------------------------------------------------=
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Copyright 2005 AP

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