Ryanair Finalize Order for 10 Additional 737 MAXs

Courtesy Boeing

LE BOURGET, France, PRNewswire/ — Boeing (NYSE: BA) and Ryanair finalized an order for 10 additional 737 MAXs at the 2017 Paris Air Show. The order is valued at more than $1.1 billion at current list prices.

The Irish low-cost carrier now has 110 unfilled orders with 100 options for the higher capacity 737 MAX 8, as well as 65 Next-Generation 737-800s.

“We are pleased to announce this purchase of 10 additional Boeing 737 ‘Game changer’ aircraft, on top of our existing firm order for 100 737 MAXs, with a further 100 options remaining,” said Ryanair’s Chief Operations Officer, Mick Hickey. “This all new MAX 737 aircraft has 8 more seats than our current 189 seat Boeing 737-800s and incorporates the latest technology engines and winglets which reduces fuel consumption and noise emissions, ensuring we remain Europe’s greenest, cleanest airline. Ryanair is proud to partner with Boeing and has operated an all-Boeing fleet since 1994.”

Ryanair is an all-Boeing operator and launched the higher capacity 737 MAX 8 in late 2014 with an order for 100 airplanes. The airplane will provide Ryanair with 197 seats, increasing revenue potential and providing airlines like Ryanair with up to 16 percent better fuel efficiency per seat than today’s most efficient single-aisle airplanes.

Ryanair carried 120 million passengers last year with 1,800 daily flights to more than 200 destinations. The Dublin based carrier is the largest 737-800 customer in the world and the largest Boeing operator in Europe. In March this year Ryanair took delivery of its 450th Next-Generation 737-800 and with today’s announcement has ordered a total of more than 640 airplanes from Boeing.

The 737 MAX family has been designed to offer customers exceptional performance, flexibility and efficiency, with lower per-seat costs and an extended range that will open up new destinations in the single-aisle market. The MAX 8 and 9 will be followed in 2019 by the smaller MAX 7 and higher capacity MAX 8. The MAX 10 will be introduced in the 2020 time frame.

Source Boeing / Edited By Airline Adviser 06/26/17