Source: Independent.ie
4 Nov 08
Ryanair eyes 36 new jets to bring fleet on par with BA
RYANAIR plans to exercise options to buy an additional 36 aircraft from Boeing in a move that will boost its planned fleet to roughly 302 planes. The list price of the aircraft order will be in the region of $2.6bn (€2.05bn).
Deputy chief executive Michael Cawley said the low-cost carrier was "very likely" to confirm the orders as the airline yesterday reported a 28pc fall in pre-exceptional second-quarter profit to the end of September, to €193.6m.
Ryanair currently has a fleet of 160 aircraft and has already placed firm orders to increase that number to 279 by 2013. The latest planned orders will place its fleet size on par with BA.
Mr Cawley told reporters in Dublin that Ryanair plans to be carrying 90 million passengers a year by 2012 compared to the 58 million that will use the carrier this financial year. He added that Ryanair should return to "considerable profitability" next year.
Ryanair eyes 36 new jets to bring fleet on par with BA
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Ryanair eyes 36 new jets to bring fleet on par with BA
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