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.
Minute's silence for victims of Grenfell Tower blaze
Are there other buildings with that cladding? "The response of the emergency services, NHS and the community has been heroic". Officials are using dental records, fingerprints, DNA samples, tattoos and scars to try and positively identify victims.
"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".
Lanco Infratech shares continue to fall, tank almost 10 pc
Amtek Auto's scrip dived 19.97 per cent to close at Rs 23.45 and Bhushan Steel tanked 16.16 per cent to Rs 58.90 on the BSE. The RBI's action for bankruptcy proceedings comes after the enactment of the Insolvency and Bankruptcy Code 2016 (IBC).
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.
TS Bret causes heavy flooding, power outages in Trinidad
A tropical storm warning is in effect for Cameron, La., to the mouth of the Pearl River at the Louisiana-Mississippi border. This storm is now situated just off the coast of Venezuela moving west northwest at 25 miles per hour .
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