Ryanair orders 10 Next-Generation Boeing 737s

Ryanair has ordered 10 Next-Generation Boeing 737-800's.

The order, valued at $705 million at list prices, stems from options contained in a previous purchase contract. Deliveries for this order begin in 2008.

The airplanes will be fitted with Blended Winglets, which reduce drag and improve fuel efficiency by 3 to 5%.

Ryanair recently completed its Boeing 737-200 replacement program, and today operates one of the youngest aircraft fleets in Europe, composed entirely of 737-800s.

Boeing and Ryanair celebrated the delivery of Ryanair's 100th Next-Generation 737 in March. The airline is the largest European operator of 737s, and second in the world after Southwest Airlines.

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