Dec. 11 (Bloomberg) -- Ryanair Holdings Plc, Europe's biggest discount carrier, said it will react to any slump in demand for air travel by purchasing new planes.
''We're looking at aircraft numbers beyond 2012,'' Ryanair Chief Executive Officer Michael O'Leary said in an interview at the company's headquarters in Dublin yesterday. A slowdown is likely ''in the next year or two,'' he said.
''These sort of fundamental fleet decisions are very important for the next decade's growth,'' said Stephen Furlong, an analyst at Davy Stockbrokers in Dublin who has Ryanair on his ''focus'' list. An aircraft order would bridge the gap until Chicago-based Boeing introduces a third generation of the short- haul 737 series, Furlong said.
No word about how big this 737 order will be - but IMO we will see another 100+ frames order.