Ryanair sells off 20 aircraft

Ryanair today announced it had sold its fleet of 20 Boeing 737-200 aircraft to Autodirect Aviation, including spare engines and parts for a total consideration of $10m (€8.15m).

The 20 Boeing 737-200 aircraft were manufactured between 1980 and 1983 and six of the 20 aircraft have already been retired by Ryanair from operation. The remaining 14 will be delivered to Autodirect between November 2004 and December 2005.

Autodirect is a US-based corporation which supplies used aircraft and spare parts to the airline industry.

Ryanair’s Deputy Chief Executive, Howard Millar said: “By the end of next year, Ryanair will have one of the youngest aircraft fleets in Europe and be the largest operator of Boeing Next Generation 737 aircraft."

From December 2005, the Ryanair fleet will consist of 59 Boeing 737-800, 13 Boeing 737-200 and six Boeing 737-300, with further Boeing 737-800s on order.

Fonte: Irish Examiner Online - 04/10/2004