Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth 
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
Ryanair Holdings PLC, a Dublin-headquartered low-cost airline, reportedly told The Boeing Company that it would buy the planes that customers would reject in the United States. The Irish carrier said that if the American customers refused to take the 737 MAX 10 planes they originally ordered, they would take them instead.
Condition for the Deal
Reuters reported that executives of Ryanair said on Monday, Jan. 29, that the company is willing to take over the sales contract in case of rejection from the original buyer under one condition. The executives said Boeing must sell them the 737 MAX 10 planes at the "right price."
While Ryanair is not saying it directly, it tells Boeing to give them hefty discounts. If the U.S. customers indeed refused to take their orders from the aircraft maker, the company would suffer huge losses. So, rather than losing money, Boeing could give Ryanair reasonable rates lower than the original.
"We have told them if some of these American airlines do not want to take the MAX 10 aircraft, Ryanair will take those aircraft," Mike O'Leary, Ryanair Group's chief executive officer, said during the presentation of the company's quarterly results.
In any case, Ryanair's move comes after Scott Kirby, the CEO of United Airlines, said last week that the company will put up a new fleet plan that does not include Boeing's Max 10 planes. It should be noted that the American carrier made this declaration even if it had already placed an order for 277 jets of this model.
Ryanair Cuts Annual Profit Forecast
Meanwhile, according to RTE News, Ryanair cut its profit forecast for the year earlier today. This move came after some online travel agents discontinued selling Ryanair flights, forcing the company to lower its fares to get more passengers. The Irish carrier admitted that this sudden decision may affect yields per passenger in the first quarter of this year.
"While traffic and fares were ahead of the prior year, close-in Christmas/New Year loads and yields were softer than previously expected as Ryanair lowered prices in response to the sudden (but welcome) removal of flights from OTA (online travel agent) Pirate websites in early Dec," the company said.
Photo by: Andrew Dawes/Unsplash
