Ryanair Holdings PLC
13 June 2005
RYANAIR EXERCISE FIVE BOEING 737-800 OPTIONS
VALUED AT OVER $286 MILLION
Ryanair Holdings plc today (Monday, 13th June 2005) announced that it had
exercised five Boeing 737-800 options for delivery in 2007 with 1 in February, 1
in March, 1 in April and 2 in May.
Ryanair have exercised these 5 Boeing 737-800 options valued at over $286m in
order to continue to grow its pan-European route network utilising the lowest
per seat operating cost aircraft.
Commenting on the exercise of the options, Michael O'Leary, Chief Executive
Officer, said:
'The Boeing 737-800 has the best technical reliability and insures that
Ryanair is the number one on-time major airline in Europe. It has the
lowest unit operating cost and the addition of these five aircraft will
continue to enable Ryanair to develop more new routes across Europe and
bring low fares to many more European consumers.'
ENDS. Monday, 13th June 2005
For further information please contact:
Howard Millar Pauline McAlester
Ryanair Holdings Plc Murray Consultants
www.ryanair.com Tel: 353-1-8121212 Tel: 353-1-4980300
Note to Editors:
Ryanair is Europe's No.1 low fares airline with 229 low fare routes across 20
countries. Ryanair operates a fleet of 91 aircraft and has firm orders for up to
a further 152 new 737-800's (including the five options announced today), which
will be delivered over the next 7 years. Ryanair currently employs a team of
2,700 people and expects to carry approximately 35 million scheduled passengers
in the current year.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.