Business & Finance
08 May 2023, 6:28 pm 1 minute
Reuters broke the news on May 8 that Ireland’s Ryanair was close to announcing a major aircraft deal with Boeing, ending months of deadlock. Boeing shares initially rose about 1% and gained another 2% when the news was confirmed on May 9. In Europe, shares in Europe’s largest budget carrier also rose. The long-awaited deal comes as airlines are rushing to buy new jets to meet a post-pandemic boom in air travel.
Market Impact
Boeing shares were flat in early afternoon trading.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Aerospace & Defence
Regions: Europe
Countries: Ireland
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story