News Release
13.06.05
Ryanair exercise five Boeing 737-800 options valued at over $286 million
Ryanair Holdings plc today (Monday, 13th June 2005) announced that it had exercised five Boeing 737-800 options for delivery in 2007 with 1 in February, 1 in March, 1 in April and 2 in May.
Ryanair have exercised these 5 Boeing 737-800 options valued at over $286m in order to continue to grow its pan-European route network utilising the lowest per seat operating cost aircraft.
Commenting on the exercise of the options, Michael O’Leary, Chief Executive Officer, said:
“The Boeing 737-800 has the best technical reliability and insures that Ryanair is the number one on-time major airline in Europe. It has the lowest unit operating cost and the addition of these five aircraft will continue to enable Ryanair to develop more new routes across Europe and bring low fares to many more European consumers.â€
Five for NRN
Cheers,
White Cap
