Ryanair confirms €12bn Boeing deal
Ryanair has ordered 175 aircraft worth €12bn from US maker Boeing, confirming details of a deal revealed last week by the Irish Independent.
The purchase was formally announced in New York by Ryanair boss Michael O'Leary as Taoiseach Enda Kenny visited US President Barack Obama in the White House for a Patrick's Day celebration.
Mr Obama yesterday cited strong economic ties between the US and Ireland as he acknowledged the Ryanair deal. "There is a story this morning about a deal between Ryanair and Boeing, which will be selling a lot of airplanes to Ireland. That's an example of how the progress made in Ireland benefits jobs and businesses in the US."
Ryanair's order will see its fleet grow to over 400 aircraft. It's using 75 of the newly ordered planes to replace some of its existing 305-strong fleet.