Ryanair orders $22bn worth of Boeing 737 Max planes

The record deal will revitalize the notorious model

Photo: EPA Michael O'Leary

US plane maker Boeing has seen light in the dark tunnel as it received a record order for its 737 Max aircrafts. This model has been banned from flying after two devastating crashes that resulted in hundreds of casualties.

The order comes from a budget carrier and might restart the activity of the US firm, related to passenger transport. Agencies have reported that Irish airline Ryanair has placed an order for 75 Boeing 737 Max aircraft as the plane is set to return to the skies after the two fatal crashes.

Ryanair had already agreed to buy 135 jets. The extra planes take the list value of the order to $22bn, BBC elaborated.

The US Federal Aviation Administration recently certified the Boeing 737 Max for a return to service after it had been grounded since March 2019.

Ryanair said it would take delivery of the planes early next year. The European Union Aviation Safety Agency (EASA) is yet to give the Boeing 737 Max the go-ahead to return to service. EASA is in charge of re-certification for EU member states, as well as the UK. If Boeing wanted to appoint a new chief salesman, it should just call in Ryanair's boss Michael O'Leary.

Boeing was forced to take the 737 Max out of service following two crashes within five months of each other, which together killed 346 people. Its clearance to fly again comes after Boeing implemented a series of modifications including updating flight control software, revising crew procedures and rerouting internal wiring.

At a news conference in Washington to announce the deal, Ryanair chief executive Michael O'Leary described the 737 Max as "a fabulous aircraft".

Boeing's chief executive, David Calhoun, said it was "the beginning of the fulfilment of a more robust order book".

Neither side disclosed the exact price that Ryanair will pay for the planes, but the airline will benefit from what the firms described as a "modest" discount on the cost.

Mr Calhoun said Boeing did not expect to have to slash prices to bring back customers. "We believe strongly in the recovery and therefore we will stay patient," Mr Calhoun said. "We don't feel a need to discount our way into the marketplace."

News of the deal was greeted with dismay by Naoise Ryan, of Cork in Ireland, whose husband Mick Ryan died when Ethiopian Airlines Flight 302 - a 737 Max - crashed in March 2019.

"Ryanair's purchase of the Max is an endorsement of Boeing's disregard of safety and human life. Like Boeing, they are prepared to gamble with people's lives in order to sell cheap flights on 'bargain-binned' planes," she said. "It is horrific that Boeing can once again profit from this dangerous plane while still hiding documents and have not been held to account for the deaths of 346 people. Boeing's attitude and dismissiveness should give everyone pause before ever boarding a Max."

Similar articles

  • UA slides to $1.9bn loss in 4Q-2020

    UA slides to $1.9bn loss in 4Q-2020

    The carrier United Airlines announced a mounting pandemic driven loss for the last quarter of 2020, AP reported. The loss peaked at $1.9 billion and paves for similar financial results in the first three months of 2021. Experts had expected a much smaller by volume loss.

  • US airlines resume pilot hiring on positive Covid-19 prospects

    US airlines resume pilot hiring on positive Covid-19 prospects

    American air transport companies have confirmed they went back to hiring back pilots as vaccination rollout is seen easing Covid-19 pandemic, Reuters reported.  American Airlines’ wholly owned regional subsidiary PSA Airlines and budget carrier Frontier Airlines both revealed plans to resume pilot hiring. This is seen as a positive sign for the whole industry.

  • Canada green-lights the return of Boeing 737 Max

    Canada green-lights the return of Boeing 737 Max

    The 737 Max model aircrafts made by Boeing may resume flights in Canada as the country waived a two year ban effective 20 Jan., following two crashes that lead to hundreds of fatalities, Reuters said. The Boeing 737 Max fleet has been grounded worldwide for the past two years.