Ryanair plans price war with multi-billion Boeing deal
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Low cost carrier Ryanair, has ordered 100 737 MAX 200 aircraft from Boeing with the option to buy 100 more in a deal valued at $10.4bn (£6.4bn).
If all 200 are purchased the order would be worth $21bn, but that is a list price figure with large discounts given for bulk orders.
Chief executive of Ryanair Michael O’Leary said the order was a game changer for low-fare air travel.
“I hope it will hasten a new era of price wars in Europe over the next 10 years,” he added.
The planes will contain eight more seats than Ryanair’s current fleet taking the total flight capacity to 197.
Boeing’s chief executive, Ray Conner said the 737 MAX 200 “is the perfect fit for Ryanair”, providing “improved efficiencies, 20% lower emissions, increased revenues and a high level of passenger comfort”.
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