Limited shares hit for Ryanair from 737 Max grounding

The airline industry worldwide needs the grounded Boeing 737 Max airline to start flying again but shares in Ryanair which planned to be a large customer of the plane are unlikely to be damaged any time soon, a leading analyst has said.

Shares in Boeing took a further hit after the US airplane maker postponed building more 737 Maxs until regulators give the go-ahead for its return after two fatal crashes.