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lindy field
Posts: 2956
Joined: Tue Mar 27, 2001 1:52 pm

Ryanair Chooses From Among 200 737s

Fri Sep 28, 2001 3:06 am

This article was both funny and sad so I post it up for the larger audience. Anyone have ideas about which airlines are parking 737-300s, -400s, and -800s?
From iWon Money.


Ryanair offered 200 Boeing 737s - source
Thursday September 27, 7:17 AM EDT


BUDAPEST, Sept 27 (Reuters) - Irish low-cost airline Ryanair has been offered up to 200 Boeing (BA) 737s by a wide range of suppliers after it advertised in the trade press for up to 50 of the aircraft, an aviation financial source told Reuters on Thursday.

The carrier needed the planes to cope with its planned expansion over the next five years.

"Given the weak state of the market, I expect Ryanair will be able to acquire some of the aircraft very cheaply, probably at a low double-digit figure. It could be around $11 million," the source, who declined to be named, said during an International Air Transport Association (IATA) meeting.


"Ryanair probably needs some 12 aircraft to cope with its planned expansion for next year, but given the low cost of the aircraft, I wouldn't be surprised if the carrier tries to lock in purchases of up to 30 planes -- including next year's units -- for delivery in 2003 and 2004," the source said.

The Irish airline placed an advertisement on August 6 seeking 1990s-built Boeing 737-800s, or Boeing 737-300s or 737-400s using earlier 1980s technology. It was looking for aircraft between seven and 14 years old, with deliveries to be completed in 2005.

At the time, industry sources said the aircraft could cost between $13 million and $40 million.

Ryanair now operates a fleet of 36 Boeing 737s.
 
cx340
Posts: 518
Joined: Sat Sep 02, 2000 2:59 am

RE: Ryanair Chooses From Among 200 737s

Fri Sep 28, 2001 6:48 am

You know, I was thinking something like that for MX and AM. I know their financial and operational position is not the best either, but why not find second hand A320 (MX) and MD-80 or similar (AM), whether bought or leased, to once and for all replace their 727-DC9 fleet, and solve the fleet age poblem at least for a while? I'm sure it would be a heavy investment right now but I'm also sure they could get such replacements at very low prices because many airlines (mainly US airlines) will jump at the chance of at least leasing their surplus aircraft at a very low price. Plus both airlines would in time reduce costs by operating more efficient aircraft.

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