13th Jun 2005 08:00
Ryanair Holdings PLC13 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 hadexercised five Boeing 737-800 options for delivery in 2007 with 1 in February, 1in March, 1 in April and 2 in May. Ryanair have exercised these 5 Boeing 737-800 options valued at over $286m inorder to continue to grow its pan-European route network utilising the lowestper seat operating cost aircraft. Commenting on the exercise of the options, Michael O'Leary, Chief ExecutiveOfficer, 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 Consultantswww.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 20countries. Ryanair operates a fleet of 91 aircraft and has firm orders for up toa further 152 new 737-800's (including the five options announced today), whichwill be delivered over the next 7 years. Ryanair currently employs a team of2,700 people and expects to carry approximately 35 million scheduled passengersin the current year. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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