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Ryanair buys 75 Boeing 737 MAX aircraft, the first firm order after the ‘refloat’ of the model

Ryanair has signed this Thursday aagreement with Boeing for the purchase of 75 new aircraft 737 MAX-8200, bringing its firm order to 210, with a total value of more than $ 22 billion (approximately € 18,000).

Boeing has thus obtained its first firm order for the 737 MAX since the plane was grounded at the beginning of last year by two air accidents. Now that the United States Federal Aviation Administration (FAA) has certified that the Boeing MAX aircraft is back in service, Ryanair expects to receive the first deliveries of these new aircraft from early of 2021.

The 210 firm orders with Boeing for the “Gamechanger” aircraft will be delivered over a four-year period between spring 2021 and December 2024.

“We expect to receive at least 50 of these aircraft in 2021, subject to Boeing reclaiming its manufacturing output for delivery. As the Covid-19 pandemic depresses air travel, we will use these new aircraft to replace part of our old Boeing NG fleet, which will remain on the ground until demand returns prior to Covid, “advanced the CEO of the Ryanair Group, Michael O’Leary.

Ryanair, which before the Covid-19 crisis was on track to transport more than 150 million passengers last year, will use these new aircraft to expand its low-cost services to new countries and markets in the European Union.

Ryanair and Boeing have agreed on revised delivery dates, and have also agreed to compensation for direct costs incurred by Ryanair in the last 18 months due to these delivery delays, although part of this compensation has been taken into account in a modest reduction in the price of this new aircraft order, which has encouraged the company to increase the firm order from 135 to 210 aircraft.

This new 197-seat Boeing aircraft is the “perfect size”, according to the company, to allow Ryana to expand and grow its low-fare services across Europe over the next decade. “This new order from Boeing helps Ryanair reduce its cost base and grow back across Europe in 2021, by offering lower rates to customers,” they remarked.

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