Posted on: 01 December 2014 by Mark Howells
Ryanair has firmed up its commitment, announced in September, for 100 Boeing 737 MAX 200s, at an estimated value of $11 billion at current list prices.
Ryanair CEO Michael O’Leary stated, “Ryanair is proud and honoured to become the lead operator of Boeing’s ‘gamechanger’ 737 MAX 200 aircraft, which will expand our fleet to approximately 520 aircraft by 2024 and create another 10,000 new jobs for pilots, cabin crew and engineers in Europe, while allowing us to grow traffic from 82 million passengers last year to over 150 million by 2024.
“These new ‘gamechanger’ aircraft will allow Ryanair to lower our costs and airfares, while improving our customer experience with more leg room and the Boeing Sky Interior, as we roll out new offers, particularly for our Business Plus and Family Extra customers,” O’Leary continued. “As many of Europe’s flag carriers cut capacity on short haul routes, Ryanair looks forward to using these new 737 MAX 200 aircraft to grow at many more of Europe’s primary airports.”
The B737 MAX 200 will provide Ryanair with up to 11 more seats of potential revenue and up to 5% lower operating costs than the 737 MAX 8 on which it is based. Powered by CFM LEAP-1B engines, the B737 MAX 200 was created in response to the growing needs of the low-fare airline industry, which is forecasted to account for 35% of single-aisle airline capacity by 2033.