Ryanair Weighs Boeing’s 737 Max After Record European Order

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Ryanair Holdings Plc may buy as many as 200 of Boeing Co.’s newest narrow-body jet, the 737 Max, later this year after placing a record-setting order for the model that’s being phased out.

Ryanair’s commitment to buy 175 of the existing 737-800 models, with a catalog value of $15.6 billion, is Boeing’s biggest European sale and will let the Dublin-based carrier add discount flights in markets vacated by full-service rivals. Ryanair may become a “lead customer” for the re-engined Max, with an order of 100 to 200 by year-end, Chief Executive Officer Michael O’Leary said.