Tuesday, February 17, 2009

Ryanair confirm discussions on 'Next Big Order'

In the typical Ryanair fashion of conducting business in public there has been speculation in recent weeks that the airline is talking to both Airbus and Boeing about the next big order.
Today in Rome, CEO Michael O'Leary confirmed that the airline is looking to order 200 aircraft with a total price tag of as much as $7bn with deliveries commencing 2013. With a price tag of $70m each, O'Leary confirmed that he expects to get up to 50% discount. "The sticker price is $70m, but we would never dream of paying anything like that", he told reporters adding that the airline is NOT in advanced talks with either manufacturer. Instead, Ryanair is happy to wait until the "order book collapses" in Toulouse or Seattle in order to get the price he wants.

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