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Tuesday, March 19, 2013

Ryanair to Acquire 175 Boeing 737NGs

Boeing announced a commitment from Irish carrier Ryanair for 175 Next-Generation 737-800s, a $15.6 billion order according to current list prices. The commitment has not been finalized as a firm order.

Conner called Boeing's relationship with the European low-cost carrier "of the utmost importance to everyone at Boeing."

The order keeps Ryanair as an all-Boeing carrier, and about 75 of the new aircraft will replace a portion of the existing Ryanair fleet of 305 737s.  

“Ryanair is pleased to sign this agreement with Boeing to purchase 175 new 737-800 jets, which will expand our fleet to over 400 units, creating over 3,000 new jobs for pilots, cabin crew and engineers, while allowing us to grow our low-cost airline service by about 5 percent per annum over the next several years and take our traffic to 100 million passengers by March 2019," said Michael O'Leary, CEO of Ryanair. More

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