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Ryanair To Double Passenger Capacity

Ryanair has ordered 70 single-aisle planes from Boeing worth more than $4 billion in an effort to double its passenger capacity.

Options for another 70 of the 737-800 aircraft are included in the agreement.

According to a Reuters article,

"Boeing's list price for the plane is $65 million, putting the value of the deal at up to $9.1 billion if all options are converted to firm orders, though discounts are common.

Ryanair said the deal would enable it to create 2,500 jobs and expand to become Europe's largest airline in seven years. The jobs will include pilots, cabin crew and engineers and reflect plans to open 10 new bases, it said."

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News Tags: Reuters, Capacity
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