Ryanair Gives Boeing a Boost With $9 Billion 737 Max Order
European discount airline Ryanair (NASDAQ: RYAAY) ordered an additional 75 Boeing (NYSE: BA) 737 MAX jets on Thursday, a strong sign of confidence in an airplane following the plane's 20-month safety ban.
The order, at list price, is worth about $9 billion, but Ryanair likely was able to negotiate a significant discount. The Irish budget airline is one of Boeing's biggest customers, and now has 210 737 MAX planes on order.
Image source: Boeing.
Source Fool.com
