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Ryanair ends negotiations with Boeing

18 December 2009

Ryanair will reduce growth and distribute a dividend to shareholders.

Read more: Ryanair Boeing 737-800 Michael O'Leary

Negotiations between Ryanair and Boeing for an order of up to 200 Boeing 737-800s have ended, Ryanair says. Instead Ryanair plans to significantly reduce the airline’s growth and increase capital expenditures in order to distribute a dividend to shareholders.

 

Ryanair’s chief executive...


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“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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