Ryanair Orders 175 Boeing 737-800s

Ryanair has finalized a firm order for 175 Next-Generation Boeing 737-800 airplanes valued at $15.6 billion at list prices.

"Ryanair is proud to buy Boeing, who make great aircraft, and the 737-800 has been the foundation of Ryanair's recent successful growth due to its great engineering and phenomenal reliability," said Michael O'Leary, president and CEO of Ryanair. "These 175 new airplanes will enable us to lower costs and airfares even further. They provide Ryanair with the additional capacity to exploit substantial growth opportunities that now exist as many of Europe's flag and regional airlines are restructuring and are reducing their short-haul operations."

Ryanair, which took delivery of its first 737-800 from Boeing in 1999, has the largest fleet of Boeing airplanes in Europe, operating over 1,600 flights per day from 57 bases on 1,600 routes across 29 countries, connecting more than 180 destinations.

The Boeing 737-800 is the best-selling version of the successful Next-Generation 737 family.

Today's announcement brings the total number of 737s ordered to date to more than 11,000.

Boeing currently has more than 3,400 unfilled orders for 737s.