is out spending 4 billion to buy 146 new B-737 800 plane.

0`Leary simply can`t admit that puting digE on small hop

routes was a mistake...

Gil...

http://www.airlinequality.com/news/080305-ryanair.htm

``Boeing wins major Boeing 737-800 aircraft order from low-cost carrier, Ryanair

Ryanair has placed an order for a further 140 Boeing 737-800 series aircraft. The order comprises of 70 firm aircraft valued at over $4 billion and 70 options. This agreement (which is subject to shareholder approval at an EGM) brings the total Ryanair/Boeing order book up to 225 firm aircraft and 193 options.

At the end of 2005, Ryanair will have taken delivery of about 100 new Boeing 737-800`s (from the original 155 firm order) and these 70 new firm orders, which are due for delivery primarily between 2008 and 2012 will allow Ryanair to maintain its planned double digit growth during the latter years of this decade. When all these firm aircraft have been delivered, Ryanair (which in the fiscal year to March 2006 expects to carry 34m. passengers) anticipates that it will carry in excess of 70m. passengers p.a.

These 70 new aircraft will result in the creation of more than 2,500 new jobs in Ryanair principally for pilots, cabin crew and engineering staff. Half of these jobs will be generated at the airlines existing 12 European bases, with the remainder at the 10 or more new bases which will be developed by Ryanair over the next seven years.

This increased $4 billion aircraft order is the result of a Ryanair-Boeing agreement on improved pricing from 2005 onward. The agreement reinforces the Ryanair-Boeing partnership as it delivers the lowest per seat aircraft cost in Europe.

The transaction also includes agreement on winglet modifications to Ryanair`s entire fleet (delivering a 2% reduction in fuel consumption) and improved support terms.``