Boeing announces major deal with European airline Ryanair

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Boeing announces major deal with European airline Ryanair
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Europe’s leading low-cost airline, Ryanair, has selected the largest 737 MAX 10 model to help build out its fleet.

SEATTLE, WA - JUNE 18: A Boeing 737 MAX 10 airliner taxis at Boeing Field after its first flight on June 18, 2021 in Seattle, Washington. The 737 MAX 10 is Boeing's newest model since regulators cleared the 737 MAX to fly again in November 2020. Boeing [NYSE: BA] and Ryanair announced on Tuesday morning that Europe’s leading low-cost airline has selected the largest 737 MAX 10 model to help build out its fleet.

Ryanair’s CEO, Michael O’Leary, is not shy with his opinions or feelings. During the media conference Tuesday morning announcing the sale, the head of Ryanair referenced earlier negotiations and called out Boeing, saying his airline deserved a discount on its orders. The deal that could have come together a year ago did not when Boeing didn’t agree that O’Leary’s airline deserved a discount.

O’Leary — who has proven to be colorful when addressing the media — held to his reputation. Cracking jokes throughout the presentation alongside Boeing execs, he half-joked about his request for a discount and hammered away at Boeing for the sticker price on his new fleet. O’Leary did make it clear that he believes the deal will set his airline up for a competitive edge and will create jobs.

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