Ryanair invests in LEAP-1B engines

Ryanair has announced the signing of a major agreement with CFM International (Safran and GE Aerospace) for the purchase of 30 new LEAP-1B backup engines , for a total value of $500 million at list price. Deliveries are expected over the next two years.

The engines, designed for high efficiency and low fuel consumption, will be used to support the current fleet of 210 Boeing 737-8200 "Gamechanger" and future Boeing 737 MAX-10 aircraft, which will begin delivery in 2027. These latest-generation CFM engines reduce fuel consumption and CO2 emissions per seat by up to 20%, for sustainable mobility.

With this strategic investment, Ryanair's spare engine fleet will exceed 120 units, significantly strengthening the operational resilience and availability of the fleet, also in view of long-term expansions.

The Irish airline Ryanair has in fact declared the goal of increasing its fleet to 800 B737s (all equipped with CFM engines) and carrying 300 million passengers a year by 2034, consolidating its position as the first European airline group in terms of capacity and traffic volumes.

Ryanair

Ryanair Holdings plc, a large European airline group, is the parent company of Buzz, Lauda, Malta Air, Ryanair and Ryanair UK. With approximately 206 million passengers per year on approximately 3,600 daily flights from 93 bases, the Group connects over 230 airports in 37 countries with a fleet of almost 620 aircraft and approximately 330 new Boeing 737s on order, which will enable the Ryanair Group to increase traffic to 300 million passengers per year by fiscal year 2034. With a young fleet and high load factors, Ryanair aims to reduce CO₂ emissions by 50 grams per passenger/km by 2031 (a reduction of 27%).