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Ryanair’s chief executive has insisted passengers are safe in its fleet of Boeing aircraft after he raised questions about quality control at the plane manufacturer.

Speaking to Sky News following the Alaska Airlines accident that saw a fuselage panel blow out of a 737 MAX 9, Michael O’Leary said he was sending a team of engineers to oversee production of 57 aircraft he has on order, and his customers should be reassured.

“We don’t fly the MAX 9 so the issue doesn’t apply, there’s none of those aircraft in Europe.

Boeing make great aircraft. The 737 is the most audited aircraft in history, it’s the oldest and most secure plane in the air, we’re very proud to fly them and we’ve had no kickback or pushback from passengers flying on our aircraft.”

Mr O’Leary said Ryanair will double the number of engineers it has on the ground at production facilities in Wichita, from four to eight, and Seattle, from six to 12, following a request from Boeing, as well as increasing those inspecting their own planes.

A Ryanair team met senior Boeing management including under-pressure chief executive Dave Calhoun in Seattle last week, and told them they had concerns over quality control.

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How Bob found plane door in back yard

Mr O’Leary said he retained full “faith and confidence” in Mr Calhoun but wanted to see improvement in quality control that in the past had seen planes delivered to Ryanair with “a spanner under the floorboards”, and items left in the hold.

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He said Boeing had doubled the number of its own engineers on production lines after concerns raised by the failure of a door “plug”, that blew out at 16,000 feet apparently because four bolts had not been secured.

“I have a lot of confidence and time for the work that Dave Calhoun and Brian West, the chief finance officer, have done over the last two years. I think they’ve made very significant improvements,” he said.

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Boeing and Spirit at centre of blowout scare

“But there’s more to do. Ryanair sent a team to Seattle last week, we’ve met with the senior management, they’ve asked us to put more engineers on the ground in Seattle, which we’ve agreed to do.

“And they’ve also committed to putting more engineers that are sitting on top of quality control and quality assurance as the aircraft come off the product or the production facility.

“It is not acceptable that aircraft come out of Wichita, or aircraft get delivered from Seattle with anything wrong with those aircraft, and they need to be checking that all the bolts are secure, that all the fasteners are in the right place and the holes are in the right place.”

Mr O’Leary said he was encouraged that its most recent deliveries from Boeing had been “the best aircraft we’ve ever had from them”, adding that he expects the grounding of the MAX 9s to be lifted as soon as next week as the US-wide inspection process is completed.

Ryanair has orders for a further 57 planes to be delivered this year but to date has received only seven from Boeing, and Mr O’Leary said a likely shortfall will hit its target of flying 205 million passengers this year.

“We think we’d be lucky to get 50 by the end of June, which is just in time for the peak summer this year. So there’s no doubt we’re going to be short some aircraft.

“Our plan was to grow this year to 205 million passengers, it’s more likely to be 200, 201, 202, million. So we have to grow a little bit slower. But maybe that’s a good thing in the overall context of the work that Boeing has to do on its assembly line in Seattle.”

Mr O’Leary also rejected the British government’s plan, announced in the King’s Speech, to clamp down on “drip pricing”, the practice whereby additional costs are added into consumer purchases.

Read more:
What is drip pricing and how can we resist it?
Boeing chief admits lapse in quality control after Alaska ‘blowout’ scare

Ryanair says any “ancillary” costs added on to ticket prices, for baggage or seat priority, are legitimate and transparent, and called on the prime minister to focus on online travel agents he accused of “scamming” customers.

“What [Rishi Sunak] should be tackling is the online travel agency scams that are going on where you have these people masquerading as price comparison websites, but then duping people into making bookings and getting overcharged for air fares and overcharged some cases by 200% or 300%. That could be eliminated before the next election.”

He also called for the chief executive of National Air Traffic Control, Martin Rolfe, to be sacked following the air traffic control failure last summer, and described Brexit as “a disaster for the British economy” that made red tape in the UK more onerous than in Europe.

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Hovis and Kingsmill-owners in talks about historic bread merger

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Hovis and Kingsmill-owners in talks about historic bread merger

The owners of Hovis and Kingsmill, two of Britain’s leading bread producers, are in talks about a historic merger amid a decades-long decline in the sale of supermarket loaves.

Sky News has learnt that Associated British Foods (ABF), the London-listed company which owns Kingsmill’s immediate parent, Allied Bakeries, and Hovis, which is owned by investment firm Endless, have been involved in prolonged discussions about a combination of the two businesses.

City sources said this weekend that the talks were ongoing, but that there was no certainty that a deal would be finalised.

Bankers are said to be working with both sides on the talks about a transaction.

A deal could be structured as an acquisition of Hovis by ABF, according to analysts, although details about the mechanics of a merger or the valuations attached to the two businesses were unclear this weekend.

ABF is also said to be exploring other options for the future of Allied Bakeries which do not include a deal with Hovis.

If completed, a merger would unite two of Britain’s best-known ambient food brands, with Allied Bakeries having been founded in 1935 by Willard Garfield Weston, part of the family which continues to control ABF.

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Hovis traces its history back even further, having been created in 1890 when Herbert Grime scooped a £25 prize for coming up with the name Hovis, which was derived from the Latin ‘Hominis Vis’ – meaning strength of man.

Persistent inflation, competition from speciality bread producers and shifting consumer habits towards lower-carb diets have combined to impair the bread industry’s financial health in recent decades.

The impact of the war in Ukraine on wheat and flour prices has been among the factors increasing inflationary pressures on bread producers, according to the most recent set of accounts for Hovis filed at Companies House last year.

The overall UK bakery market is said to be worth about £5bn in annual sales, with the equivalent of 11m loaves being sold each day.

The principal obstacle facing a merger of Allied Bakeries, which also owns the Sunblest and Allinson’s bread brands, and Hovis would reside in its consequences for competition in the UK market.

Warburtons, the family-owned business which is the largest bakery group in Britain, is estimated to have a 34% share of the branded wrapped sliced bread sector in the UK, with Hovis on 24% and Allied on 17%, according to industry insiders.

A merger of Hovis and Kingsmill would give the combined group a larger share of that segment of the market, although one source said Warburtons’ overall turnover would remain larger because of the breadth of its product range.

Nevertheless, reducing the number of major supermarket bread suppliers from three to two would be a test of the Competition and Markets Authority’s approach to such industry-reshaping mergers at a time when the watchdog is under intense government scrutiny.

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In January, the government removed the CMA chairman, Marcus Bokkerink, as part of a push to reorient Britain’s economic regulators around growth-focused objectives.

An industry insider suggested that a joint venture involving the distribution networks of Hovis and Kingsmill was a possible, although less likely, alternative to a full-blown merger of the companies.

They added that a combined group could benefit from up to £50m of cost savings from such a tie-up.

In its interim results announcement this week, ABF said the performance of Allied Bakeries had continued to struggle.

“Allied Bakeries continues to face a very challenging market,” it said.

“We are evaluating strategic options for Allied Bakeries against this backdrop and we expect to provide an update in [the second half of] 2025.”

In a separate presentation to analysts, ABF described the losses at Allied as unsustainable.

The company does not disclose details of Allied Bakeries’ financial performance.

Allied also owns Speedibake, an own-label bread manufacturer.

Hovis has been owned by Endless, a prominent investor in British businesses, since 2020, having previously been owned by Mr Kipling-maker Premier Foods and the Gores family.

At the time of the most recent takeover, High Wycombe-based Hovis employed about 2,700 people and operated eight bakery sites and its own flour mill.

Hovis’s current chief executive, Jon Jenkins, is a former boss of Allied Milling and Baking.

This weekend, ABF and Endless both declined to comment.

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Struggling Aston Martin steers into fresh pay controversy

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Struggling Aston Martin steers into fresh pay controversy

Aston Martin is steering a path towards a twin-pronged pay row with shareholders as it grapples with the impact of President Trump’s tariffs on car manufacturers.

Sky News can reveal that the influential proxy voting adviser ISS is urging investors to vote against both of Aston Martin Lagonda Global Holdings’ remuneration votes at next week’s annual general meeting.

The pay policy vote, which is binding on the company, has attracted opposition from ISS because it proposes significant increases to potential bonus awards to Adrian Hallmark, the company’s new chief executive.

“Concerns are raised regarding the increased bonus maximums, which are built upon competitively[1]positioned salary levels and do not appear appropriate given the company’s recent performance,” ISS said in a report to clients.

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Aston Martin is also facing a meaningful vote against its pay report for last year – which is on an advisory basis only – because of the salaries awarded to Mr Hallmark and other executive directors.

The company’s shares have nearly halved in the last year, and it now has a market value of little more than £660m.

Despite the ISS recommendation, Aston Martin will win the vote by virtue of chairman Lawrence Stroll’s 33% shareholding.

The luxury car manufacturer has had a torrid time as a public company and now faces the headwinds of President Trump’s tariffs blitz.

This week it said it would limit exports to the US to offset the impact of the policy.

Aston Martin did not respond to a request for comment ahead of next Wednesday’s AGM.

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Financial wellbeing platform Mintago lands £6m funding boost

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Financial wellbeing platform Mintago lands £6m funding boost

A financial wellbeing platform which counts the alcohol-free beer producer Lucky Saint among its clients has landed a £6m funding injection from a syndicate of well-known investors.

Sky News understands that Mintago, which was founded in 2019, will announce in the coming days that Guinness Ventures has jointly led the Series A round alongside Seed X Liechtenstein and Social Impact Enterprises.

Mintago, which also counts car rental firm Avis and Northumbrian Police among its customers, aims to help employees save and manage their money more effectively.

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A number of the start-up’s current investors, Love Ventures and Truesight Ventures, are also understood to have reinvested as part of the fundraising.

MINTAGO
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The company, which counts Lucky Saint and Avis among its users, has finalised a Series A funding round

The company was set up by Chieu Cao and Daniel Conti, and claims to offer more salary sacrifice schemes than any other UK provider.

It also provides independent financial advice, a service for finding lost pension pots, retail discounts and GP services.

“We realised that organisations are crying out for the same help we provide their staff,” Mr Conti said.

“The benefits of providing that support impact everyone.

“When a company improves their salary sacrifice benefits engagement, they can save thousands in National Insurance Contributions, but their employees save too, easing the strain on their finances.”

The new capital will be used to develop additional products using artificial intelligence, according to the company.

“Mintago is enabling its customers to become truly people-centric organisations by giving them the tools to support their employees’ financial wellbeing,” Mathias Jaeggi, a partner at Seed X Liechtenstein, said.

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