Ryanair, Europe’s largest low-cost airline, has placed an order for 150 Boeing 737 MAX 10 planes and secured an option for an additional 150 aircraft. The deal is worth $22 billion at list prices, making it one of the largest orders in Boeing’s history.
The Boeing 737 MAX 10 is the newest and largest member of the 737 MAX family, with a seating capacity of up to 230 passengers. It is designed to be more fuel-efficient and environmentally friendly than its predecessors, with lower operating costs and reduced emissions.
Ryanair’s decision to order the 737 MAX 10 comes after a two-year review of its fleet requirements. The airline currently operates a fleet of over 450 Boeing 737-800 aircraft, and the new planes will allow it to continue its expansion plans across Europe.
The airline’s CEO, Michael O’Leary, said in a statement that the new planes would “enable Ryanair to grow to 200 million passengers per annum by 2024.” He added that the airline was “delighted to sign this agreement with Boeing, which will allow us to expand our fleet and lower our costs.”
The order is a significant boost for Boeing, which has been struggling with the grounding of its 737 MAX planes following two fatal crashes in 2018 and 2019. The company has been working to address safety concerns and regain the trust of airlines and passengers.
Boeing CEO Dave Calhoun said in a statement that the order from Ryanair was a “strong endorsement” of the 737 MAX’s capabilities. He added that the company was “honored by Ryanair’s continued confidence in our products and services.”
The deal also includes options for Ryanair to purchase an additional 150 aircraft, which would bring the total value of the order to $44 billion. However, the airline has said that it will only exercise these options if it can secure “satisfactory terms” from Boeing.
The first deliveries of the 737 MAX 10 to Ryanair are expected to begin in 2024. The airline has said that it will use the new planes to replace its older aircraft and expand its network of routes across Europe.
In conclusion, Ryanair’s order for 150 Boeing 737 MAX 10 planes and the option for an additional 150 aircraft is a significant investment in the future of the airline. The new planes will allow Ryanair to continue its expansion plans and lower its operating costs, while also providing a boost for Boeing as it works to regain the trust of the aviation industry and the public.
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- Source: https://zephyrnet.com/ryanair-orders-150-boeing-737-max-10-aircraft-with-options-for-150-more/