RYANAIR AND COMAC SIGN MOU IN PARIS

RNS Number : 8096I

Ryanair Holdings PLC

21 June 2011

 



RYANAIR AND COMAC (COMMERCIAL AIRCRAFT CORP. OF CHINA) SIGN C 919 MOU IN PARIS

Ryanair, the world's favourite airline, today (21^st June) in Paris signed a Memorandum of Understanding with COMAC to participate in discussions on the development of the COMAC C919 aircraft for Ryanair, which would be designed to carry up to 200 passengers and should be available from 2018 onwards.

Ryanair, the world's largest international scheduled airline, will share its experience and expertise to assist COMAC to develop the new C919 commercial aircraft, with up to 200 seats, which would enable Ryanair to lower costs and continue to lower fares for its passengers across Europe.

Speaking in Paris, Ryanair's Michael O'Leary said;

"Ryanair is pleased to sign this MOU with COMAC, and to work closely with them to develop a 200 seat C919 aircraft.  We are pleased that there is now a real alternative to Boeing and Airbus, and we are seriously interested in the development of a 200 seat variant of the C919 aircraft, and we look forward to its introduction into commercial service from 2018 onwards.

Ryanair will have a fleet of over 300 Boeing aircraft by 2013, and we remain in continuing discussions with both Boeing and now COMAC for a replacement aircraft order of at least 200 aircraft.  Ryanair can become a two aircraft operator carrier, as long as the economies achieved by our current Boeing 737-800 fleet can be matched or lowered by a similar sized order from a different manufacturer.  While today's announcement won't affect our long standing relationship with Boeing, we look forward to working closely with COMAC to promote more competition among aircraft manufacturers, which can only be good for promoting competition between airlines and lowering the cost of air travel for consumers all across Europe towards the end of the decade.

General Manager of COMAC, Mr Zhuanglong Jin, said;

"COMAC has appreciated the support from Ryanair and we look forward to strengthening the cooperation and communication with Ryanair as we strive to establish a close, long-term strategic partnership.

By working with important airlines like Ryanair we can ensure that we develop an aircraft that meets the changing needs of the airline industry and ensures that Ryanair and COMAC can be partners for years to come."

Stephen McNamara                            Joe Carmody

Ryanair Ltd                                          Edelman

Tel: [phone]                         Tel. [phone]

 

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