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Ryanair Places Its Biggest Boeing Order for up to 300 737 MAX Jets

Ryanair Places Its Biggest Boeing Order for up to 300 737 MAX Jets

Ryanair, the top low-cost carrier in Europe, has placed an order for up to 300 737 MAX aircraft, choosing the biggest type to fuel its future expansion. The largest purchase agreement in Ryanair’s history involves a definite order for 150 737-10 aircraft and options for an additional 150.
In order to fulfil the high demand for travel and hasten its post-pandemic recovery, Ryanair has deployed a growing fleet of 737-8-200 aircraft. Compared to the aircraft it is replacing, the 197-seat 737-8-200 type has helped the airline cut fuel usage and emissions by over 20%. The bigger 737-10 model, which provides Ryanair with 228 seats and the greatest unit economics of any single-aisle aircraft, is now included in the order.

“Ryanair is thrilled to sign this record aircraft order with our aircraft partner Boeing for up to 300 MAX 10s. According to Ryanair Group CEO Michael O’Leary, these new, fuel-efficient, greener technology aircraft have 21% more seats, consume 20% less fuel, and are 50% quieter than our B737-NGs.

“We anticipate replacing ageing NGs with half of this order, and using the remaining 150 aircraft to support controlled, sustainable expansion to slightly over 300 million annual passengers by 2034. Over the next ten years, this order and the other Gamechanger deliveries will result in the creation of 10,000 new high-paying aviation jobs throughout all of Europe’s major markets, where Ryanair is now the No. 1 or No. 2 airline, according to O’Leary.

“We anticipate that these new, larger, more efficient aircraft will lead to additional unit cost reductions, which will be passed on to customers in the form of cheaper air tickets, in addition to providing considerable revenue and market expansion prospects across Europe. The Boeing MAX 10 is the perfect growth aircraft order for Ryanair, our passengers, our employees, and our shareholders because the extra seats, lower fuel consumption, and more competitive aircraft pricing supported by our strong balance sheet will widen the cost gap between Ryanair and competitor EU airlines for many years to come.

According to Dave Calhoun, president and chief executive officer of Boeing, “the Boeing-Ryanair partnership is one of the most fruitful in commercial aviation history, enabling both companies to succeed and expand accessible travel to hundreds of millions of people.” “This historic agreement will enhance our alliance, which was already strong when our firms inked their first direct aeroplane purchase over 25 years ago. We are devoted to providing for Ryanair and assisting the airline group in reaching its objectives.

Once it is complete, this new order will be published on Boeing’s Orders and Deliveries website.

Source: breakingtravelnews

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