The Irish company Ryanair announced on Tuesday May 9 that it had ordered 300 new Boeing 737-MAX-10, including 150 firm and 150 optional, for a list price “ valued at over $40 billion “, According to a press release.
“ This is the largest order ever placed by an Irish company for American manufactured goods “says Ryanair, which specifies that given its size, the transaction” will be subject to the approval of [ses] shareholders on September 14 at the general meeting.
Ryanair estimates that the new planes, scheduled for delivery between 2027 and 2033, will enable it to create more than 10,000 new jobs. This will include pilots, cabin crew and engineers. The company hopes to see the number of passengers carried increase from 168 million at the end of March 2023 to 300 million per year by March 2034.
Reduced consumption and more seat
“ These new planes […] offer 21% more seats, consume 20% less fuel and are 50% quieter than the old B737-NG models, argued Ryanair boss Michael O’Leary, quoted in the press release and speaking of a “ record aircraft order “. The boss of the Irish group intends to achieve ” further cost savings, which will be passed on to passengers through lower air fares “.
“ The Boeing-Ryanair partnership is one of the most successful in commercial aviation history, enabling both companies to thrive and expand affordable travel to hundreds of millions of people “, argued for his part the CEO of Boeing, Dave Calhoun, also quoted in the Ryanair press release.
According to experts, Ryanair has probably also looked at Airbus. Problem: the European aircraft manufacturer’s order book is full until 2028.
Boeing remained in the red in the first quarter, with a larger-than-expected net loss of $425 million, the manufacturer announced in late April. The airline meanwhile announced in January a net profit of 211 million euros for its staggered third quarter, driven by the rebound in demand, especially for the key holiday season.
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(With AFP)