Ryanair is planning to
increase its aircraft fleet by a third to 400 planes after placing an order
with Boeing for 175 planes worth $15.6bn (£10.3bn).
Ryanair hopes to increase its passenger numbers to 100 million a year.
Ryanair, which has has always favoured Boeing aircraft and remains one of the few all-Boeing carriers, said it had received a discount on the price, but did not reveal how deep a discount.
The order is for the current generation 737s, whose 737-800 model list price is $89.1m, but large orders typically involve a discount, which could cut the price paid to half that.
The deal softens the missed opportunity from Indonesia's Lion Air, as that company had previously given Boeing its own record order.
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