Ryanair expects Boeing to produce 38 of its 737 MAX planes per month by the end of the summer and possibly up to 42 by October, subject to U.S. Federal Aviation Administration approval, Ryanair CEO Michael O'Leary said on Monday.

For the entirety of its fiscal 2025, which ends March 31, the airline now expects “almost 200 million passengers,” as long as there is no further bad news on delivery delays from Boeing. At its fiscal half-year results presentation Nov. 4, 2024, Ryanair said it was targeting between 198 million and 200 million.

Ryanair expects to receive 38 Boeing 737 planes by the end of the summer and possibly up to 42 by October if the U.S. Federal Aviation Administration approves deliveries of the additional jets, Ryanair CEO Michael O'Leary said on Monday.

Delays in Boeing 737 Max delivery impacted Ryanair ( NASDAQ:RYAAY) negatively, forcing Ryanair to revise its passenger forecast down to 206 million passengers only for the fiscal year 2026 from the initially anticipated 210 million passengers.

Ryanair Holdings Plc lowered its passenger growth target for a second time in three months as Boeing Co. struggles to deliver aircraft following a debilitating strike by workers last year.

Ryanair reported after-tax profit for the three months to the end of December ahead of analyst forecasts on Monday, but Europe's largest low-cost carrier again trimmed its forecast for passenger numbers on Boeing delivery delays. Francis Maguire reports. Real Madrid first club to generate 1 billion euros revenue in a season, Deloitte says

The budget airline reported an increase in earnings after passenger numbers and average fares rose in the third quarter of fiscal 2025, but Boeing delivery delays are expected to weigh on the company next year.