Ryanair strikes mega deal for Boeing planes

A Boeing 737 Max takes part in a flyng display at the first day of the 52nd Paris Air Show at Le Bourget airport near Paris

A Boeing 737 Max takes part in a flyng display at the first day of the 52nd Paris Air Show at Le Bourget airport near Paris

Boeing and Ryanair finalized an order today for 10 additional 737 MAXs at the 2017 Paris Air Show.

"The 737 MAX will complement our growing fleet and is the flawless aircraft for short to medium-haul operations across the Sahel region and Europe, feeding traffic into our hub airport at Nouakchott", said Mohamed Radhi Bennahi, chief executive officer, Mauritania Airlines. By signing this provision, the company has become an inaugural customer of an aircraft created to blunt strong sales of rival planemaker Airbus' A321neo.

This new order, which is valued at more than $1.1 billion at current list prices, will, together with the existing firm order for 100 Max 200s (and 100 options), allow Ryanair to grow its traffic to 200m customers per annum by 2024. He also claimed that 190-230 seat aircraft is enough for India's growth.

"The 737 MAX 10 will provide even more flexibility to United's route schedule and will bring to their operation the best economics of any airplane in the single-aisle segment".

The airline will take delivery of the passenger jets between 2019 and 2020.

Moreover, Blue Air will rent 12 other Boeing 737 airplanes from Air Lease Corporation, with whom it has begun a collaboration this year. Blue Air's fleet now includes 29 Boeing 737 aircraft. Yes, it is. Are we conceding that Boeing sold a few more airplanes than we did? The 737 MAX 10 will plug a gap in Boeing's portfolio at the top end of the market for single-aisle jets. According to John Leahy, the chief salesman at Airbus, the Max 10 is a bigger competitor to the Max 9 and this was probably why there were a lot of conversions. The new jets come as the worldwide aviation industry is showing signs of cooling, with orders for new planes slowing down.

In a late flurry this morning, Airbus signed deals for nearly 100 aircraft, with AirAsia and privately-owned Iranian carriers Zagros Airlines and Iran Airtour.

The plane will be entirely made of carbon fiber composite material, like the 787 Dreamliner, said Mike Delaney, Boeing's vice president of airplane development at a presentation in Paris. "We have no intention of sharing that market with them, albeit a smaller market than we might have thought".

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