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LONDON, UKRyanair warned that Boeing risked forgoing the main driver of growth in Europe, low-cost airlines, to rival Airbus unless it reversed a recent price increase.



Europe's largest low-cost carrier earlier this month abruptly ended talks with the U.S. planemaker over a new order of the larger 737 MAX 10 jets, worth tens of billions of dollars, due to differences over price.

Ryanair Group Chief Executive Michael O'Leary said that "Europe's low-cost carriers will drive demand for Airbus A320 family aircraft and not Boeing" unless it cuts its prices and does a deal with Ryanair.

He made the comments in a letter responding to a Reuters article that quoted a Boeing executive forecasting low-cost carriers would drive growth.
Via Reuters
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