DUBLIN: Ryanair decided to buy another 75 new Boeing 737 MAX-8200 aircraft as part of expanding their services. The airline said the new aircraft will be used to expand their services to new EU countries and markets.
In addition to the 75 new aircraft, Rainer had previously ordered a further 135 aircraft. This brings the total number of jets ordered to 210, and the total value of the deal to $22 billion. Rainier described the new aircraft as the airline’s game changer.
The company says the new planes, when delivered, will be the most audited and most regulated in aviation history.
The airline will receive all 210 of the 737 MAXs over a four-year period from March to December 2024 and expects to receive the first deliveries of the aircraft from early 2021.
The airline has also agreed to pay compensation for direct costs for the past 18 months due to delays in the delivery of the first 135 aircraft in the order, after the jets landed for safety reasons. Ryanair added that some of the compensation was a “moderate” reduction in the price of the new aircraft order.
Meanwhile, Ryanair group chief executive Michael O’Leary said today’s agreement is a clear indication from Boeing and Ryanair that they have faith in the recovery of air travel in Europe over the next five years.
It is important to see more aircraft flying to Dublin, Shannon and Cork airports to get the country’s air traffic and tourism moving again, Mr. O’Leary added. He called on the Government to bring out vaccines early in the first quarter of 2021.
He also commented on the need for incentives at major airports to encourage the recovery of traffic. If the price is lower, traffic could recover in 2021 and 2022, he said. Mr. O’Leary added that while the travel industry is sure to recover, the question is how quickly Ireland will recover from it.
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