The Boeing Burn
The fall-out from the Boeing scandal drags on, and other than Boeing itself, the hardest hit by the grounding of the 737 MAX has frequently been budget carriers—like Ireland's RyanAir. The airline still had outstanding orders for 30 of the planes this summer; now that number has been cut to 20, and the company said it would cut its growth rate for the current year from 7% to 3%, as it expects it will carry 5 million fewer fliers. Fortune
The fall-out from the Boeing scandal drags on, and other than Boeing itself, the hardest hit by the grounding of the 737 MAX has frequently been budget carriers—like Ireland's RyanAir. The airline still had outstanding orders for 30 of the planes this summer; now that number has been cut to 20, and the company said it would cut its growth rate for the current year from 7% to 3%, as it expects it will carry 5 million fewer fliers. Fortune