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| Image courtesy of Ryanair |
Ryanair updated the market on Monday 4 February with Q3 results announcing it will take delivery of the first five Boeing 737 MAX 200 aircraft between April and June (2020Q1 financial reporting period). From September 2019 and March 2020 the carrier will take delivery of a further 50 aircraft.
Speaking on Q3 Earnings Conference Call Ryanair CEO Michael O’Leary said “While 10% of the fleet will be MAXs by the end of this financial 2020. It’s really summer 2020 where we see the huge benefits. I think half of that — those 50 will be reallocated to Ryanair Sun and go onto Polish register, probably, half would be on the Irish register”.
Ryanair was the launch customer for the 737 MAX 200 in September 2014 placing an order for 100 aircraft valued at $11 billion at list prices.
The 737 MAX 200 can accommodate up to 200 seats by incorporating a mid-exit door increasing the exit limit providing Ryanair with 11 additional seats enabling significant ancillary revenue potential. The 737 MAX is 14% more fuel efficient than existing Boeing 737-800 aircraft with 5% lower operating costs than 737 MAX 8.
Irish Aviation Research Institute © 9 February 2019 All Rights Reserved
