Today's order builds on Avolon's existing orders and commitments for new technology, fuel-efficient single-aisle aircraft.
Boeing announced firm orders Tuesday for more than 45 planes worth $5.4 billion at list prices, though customers routinely negotiate discounts. Avolon's owned, managed and committed fleet will increase to 925 aircraft.
Ryanair now has orders placed with Boeing for 110 aircraft and has options to purchase another 100. With this new order, its outstanding order book now consists of 139 aircraft, putting the company on track to deliver a total of no less than 230 aircraft by 2023.
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The expected future growth in earnings per share ("EPS") is an incredibly important factor in identifying an under-valued stock. About 11.56 million shares traded or 10.73% up from the average. 61,196 shares were sold by Roberts Jonathan C, worth $4.90M.
"The 737 MAX with 197 seats provides Ryanair with the flawless solution for its additional capacity requirements as it strives to carry 200 million passengers per year by the middle of the next decade", said Ihssane Mounir, senior vice president, Global Sales & Marketing, Boeing Commercial Airplanes. With an aircraft portfolio that number more than 850 airplanes in service and on order, Avolon manages one of the largest, as well as the youngest fleets in the world.
The airline is also the launch customer of the 737 MAX 9 and its subsidiary, Malaysia-based Malindo Air was the first airline to take delivery and operate the 737 MAX 8 in commercial service.
Kevin McAllister, Boeing Commercial Airplanes President and CEO, commented: "We are honored to partner with Avolon for new 737 MAX airplanes as they look to strengthen their position as one of the world's premier commercial airplane lessors".
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Judges in the state also have some discretion when it comes to keeping those identities secret in certain conditions. By the time a mistrial was declared Saturday, the exhausted jurors had spent more than 50 hours in deliberations.
The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.
The 737 MAX 10 will be the most profitable single-aisle airplane, offering the lowest seat costs ever.
Nordtveit leaves West Ham for Hoffenheim
Nordtveit made his debut for the London club in the Europa League last July and made 21 appearances in total. West Ham have sold Havard Nordtveit to Hoffenheim , the club have confirmed.
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