Sunday 17 December 2017

Ryanair seals deal for 175 Boeing planes worth €15bn

An Air India Boeing 787 Dreamliner performs its demonstration flight during the 50th Paris Air Show at Le Bourget airport, north of Paris, this week
An Air India Boeing 787 Dreamliner performs its demonstration flight during the 50th Paris Air Show at Le Bourget airport, north of Paris, this week
Thomas Molloy

Thomas Molloy

Ryanair and Boeing today finalised a firm order for 175 Next-Generation 737-800 airplanes valued at $15.6bn at list prices.

 

The order, originally revealed in the Irish Independent in March, is Boeing's largest ever aircraft order from a European airline.

Ryanair boss Michael O'Leary signed the deal at the 2013 Paris Air Show.

Mr O'Leary flew into the air show on one of Ryanair's 303 737-800s, which bore a special livery celebrating the agreement.

"Ryanair is proud to buy Boeing, who make great aircraft, and the 737-800 has been the foundation of Ryanair's recent successful growth due to its great engineering and phenomenal reliability," said Mr O'Leary. "These 175 new airplanes will enable us to lower costs and airfares even further. They provide Ryanair with the additional capacity to exploit substantial growth opportunities that now exist as many of Europe's flag and regional airlines are restructuring and are reducing their short-haul operations."

Ryanair, which took delivery of its first 737-800 from Boeing in 1999, has the largest fleet of Boeing airplanes in Europe, operating over 1,600 flights per day from 57 bases on 1,600 routes across 29 countries, connecting more than 180 destinations.

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