When I’m out on the road, I talk a lot about building a production bridge between our Next-Generation 737 and the new 737 MAX. One of the keys to our success is making sure we keep building Next-Generation airplanes right up to and even beyond the start of the MAX program.
Another part of that bridge was built today as Ryanair committed to buying 175 737-800s. The airplane has been and will continue to be the cornerstone of Ryanair’s fleet.
Our busy Renton factory is about to get even busier thanks to a commitment from Ryanair.
Ryanair CEO Michael O’Leary said: “Ryanair is proud to buy Boeing, who have always made great aircraft and the 737-800 has been the cornerstone of Ryanair’s success due to its great engineering and phenomenal reliability. These 175 new airplanes will enable us to lower cost and airfares even further, thereby widening Ryanair’s cost and price leadership over other airlines in Europe.”
Once the Ryanair order is finalized, a significant portion of our Next-Generation 737 production plan will have been filled. In fact, we have no concerns about filling our remaining Next-Generation delivery positions.
Ryanair CEO Michael O’Leary and Boeing Commercial Airplanes president and CEO Ray Conner at today’s signing ceremony in New York City.
As today’s announcement demonstrates, there is still significant demand for the Next-Generation 737 because it remains the most efficient single-aisle airplane in the market. This demand is the reason we’re in the process of raising our 737 production rate to 38 airplanes per month— and why we’ve decided to go to 42 per month starting in the second quarter of 2014.
Our thanks to Ryanair for their commitment to our products and people. The video below shows our great partnership with Ryanair.