Ryanair is eyeing another large order of 737 MAX 10 aircraft in the next year or year and a half. This comes on the heels of a major order announced by the carrier on December 3rd. A departure from the airline’s current size of aircraft, O’Leary might just go for the 230-seat MAX 10. This further stretch of the 737 would accommodate about 16% more passengers than its upcoming MAX 200 jets and 22% more than its current 737-800s.
A follow-on order
Speaking with Reuters in an interview, Ryanair CEO Michael O’Leary says his airline hopes to agree to another large order of the 737 MAX jets with Boeing over the next 18 months and expects to be flying the 230-seat MAX 10 by 2025. This is what he told the news outlet:
“I would like to see a follow-on order some time over the next 12 or 18 months…Very much part of the agreement we announced today is that Ryanair are going to be at the front of the queue when Boeing are able to price a MAX 10 order and put together a delivery programme,”
Ryanair’s recent order announcement
It was just this past week that the carrier placed an order for 75 more Boeing 737 MAX aircraft. Announced in a press conference with Ryanair and Boeing, the news comes following the aircraft’s ungrounding in the United States. On the other side of the Atlantic, Europe and EASA are set to follow with recertification in the coming weeks.
At the announcement event, O’Leary called the Boeing 737 MAX the “most scrutinized and audited aircraft in history,” adding “Airbus just don’t make aircraft as well as Boeing.”
Indeed, these uncertain times, when the market is weak, can also be ideal times to strike a good deal. Ryanair’s calculated risk of going big with Boeing will likely have the airline save a fortune on its aircraft purchases. This, combined with the fuel efficiency of this new generation of 737, should translate to big profits for the airline, once travel is ‘back to normal’ again.
What do you think of Ryanair’s expansion plans? Is this a smart move? And what do you think of taking on the MAX 10? Let us know your thoughts in the comments.