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Ryanair places its biggest order ever for Boeing aircraft
Ryanair places its biggest order ever for Boeing aircraft
By Hanna Ziady, CNN
Updated 11:47 AM EDT, Tue May 9, 2023
London (CNN) — Ryanair has agreed to buy 150 new Boeing 737-10 aircraft, and taken options on 150 more, inking the largest order ever placed by an Irish company for US manufactured goods.
The deal is worth $40 billion at list prices, Ryanair (RYAAY) said in a statement Tuesday, which contained none of the sharp criticism that CEO Michael O’Leary has previously leveled at Boeing because of delays in delivering aircraft the airline had ordered.
Boeing’s share price gained more than 3% in New York. Ryanair was up 2%.
The planes, the largest of Boeing’s (BA) 737 Max aircraft, will be delivered between 2027 and 2033. Europe’s biggest budget carrier said the purchase will help it grow passenger numbers from 168 million in the year to March 2023 to 300 million by March 2034.
{snip}
By Hanna Ziady, CNN
Updated 11:47 AM EDT, Tue May 9, 2023
London (CNN) — Ryanair has agreed to buy 150 new Boeing 737-10 aircraft, and taken options on 150 more, inking the largest order ever placed by an Irish company for US manufactured goods.
The deal is worth $40 billion at list prices, Ryanair (RYAAY) said in a statement Tuesday, which contained none of the sharp criticism that CEO Michael O’Leary has previously leveled at Boeing because of delays in delivering aircraft the airline had ordered.
Boeing’s share price gained more than 3% in New York. Ryanair was up 2%.
The planes, the largest of Boeing’s (BA) 737 Max aircraft, will be delivered between 2027 and 2033. Europe’s biggest budget carrier said the purchase will help it grow passenger numbers from 168 million in the year to March 2023 to 300 million by March 2034.
{snip}