2023-05-09 16:46:04
This massive order comes as airlines run out of planes.
Posted update
Focusing on the increase in air traffic, Ryanair think big. The Irish low-cost airline is ready to buy 300 Boeing 737 Max, for an estimated value of $40 billion, at list price. This historic order, which includes 150 optional aircraft, must still be approved by Ryanair shareholders at a general meeting on September 14. “We got a competitive discount “Compared to the list price, has already reassured, Tuesday, Michael 0’Leary, the boss of the company, known to be a formidable negotiator.
The commissioning of these devices, whose delivery should take place between 2027 and 2033, will lead to the creation of 10,000 jobs for flight personnel, technicians and engineers. With the 737 Max, Ryanair hopes to cut costs while improving its carbon footprint. “These planes offer 21% more seats, burn 20% less fuel and are 50% quieterthan the old 737 NG models, explains Michael 0’Leary, who plans to carry 300 million passengers a year in 2034, compared to 168 million in 2023.
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This giant order marks a thaw in relations between Ryanair and Boeing, following the setbacks of the Max (two crashes at the end of 2018 and in March 2019). After having long criticized delivery delays and prices, Ryanair now welcomes “the phenomenal work (of Boeing) to catch up» delays despite strains in its supply chains. Boeing plans to increase production of the Max from 38 per month in 2023 to 50 per month by 2025-2026.
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