NEW YORK: Ryanair Holdings Plc is planning to rekindle growth after the coronavirus crisis by negotiating incentives with traffic-starved airports and betting on the return of Boeing Co’s beleaguered 737 Max.
Europe’s largest low-cost carrier is in talks with airports in Germany, Austria, Italy, Spain and Portugal that are facing “severe cuts” in capacity, as the Covid-19 pandemic batters air travel, chief executive officer (CEO) Michael O’Leary said in an interview. The discussions involve “expanding our growing traffic in their airports over the next 18 months, ” he said.