Shares of Ryanair (RYAAY) +4% premarket after it terminated negotiations with Boeing (BA) for an...

|About: Ryanair Holdings PLC (RYAAY)|By:, SA News Editor

Shares of Ryanair (RYAAY) +4% premarket after it terminated negotiations with Boeing (BA) for an order of up to 200 B737-800 series aircraft for delivery between 2013 and 2016, opting instead to "significantly reduce growth and capital expenditures, in order to maximize cash balances for distribution to shareholders." Ryanair was pushing Boeing for steep discounts.