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Tuesday, April 30, 2024

Boeing wins $40bn order from Ryanair

European budget carrier seeks up to 300 737 Max planes for post-pandemic travel revival

A Ryanair Boeing 737 NG Max is seen on the tarmac at Riga International Airport in Riga, Latvia. (Photo: Bloomberg)

Boeing has secured a landmark order from one of its most important customers, with Ryanair agreeing to purchase as many as 300 of the company’s largest 737 Max aircraft in a bet on the post-pandemic travel recovery.

The order, made up of 150 firm purchases and the same number of options, has a value of $40 billion, Boeing and Europe’s biggest budget carrier said in a statement released on Tuesdsay, though customers typically secure big discounts on major deals.

Dublin-based Ryanair is projecting an…

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