Ryanair Orders 75 More Boeing 737 MAX Aircraft

(31 Oct 2021) Ryanair has signed a purchase agreement for 75 additional Boeing 737 8-200 MAX airplanes, increasing its order book to 210 jets.

The order is valued at over US$22 billion at list prices.

Ryanair is the launch customer for the high-capacity 737-8 variant, having placed its first order for 100 airplanes and 100 options in late 2014, followed by firm orders of 10 airplanes in 2017 and 25 in 2018.

The 737 8-200 will enable Ryanair to configure its aircraft with 197 seats, increasing revenue potential, and reduce fuel consumption by 16 percent compared to the airline's previous airplanes.

Deliveries are scheduled to start early-2021 with the airline hoping to receive 50 aircraft in that year alone. Deliveries will run until December 2024.

"Ryanair's board and people are confident that our customers will love these new aircraft," said Ryanair Group CEO, Michael O'Leary. "As soon as the COVID19 virus recedes – and it likely will in 2021 with the rollout of multiple effective vaccines – Ryanair and our partner airports across Europe will – with these environmentally efficient aircraft – rapidly restore flights and schedules, recover lost traffic and help the nations of Europe recover their tourism industries, and get young people back to work across the cities, beaches and ski resorts of the European Union."

Last month, the FAA finally declared the jet safe to fly after they were grounded for 20 months following two fatal accidents, in 2018 and 2019, that killed 346 people. Other regulators are expected to give their approval in the coming weeks.

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