REG - Ryanair Holdings PLC Ryanair Holdings-RYA - RYANAIR INVESTS $500M IN 30 CFM LEAP-1B ENGINES

Ryanair HoldingsAnnouncement

Tue 07:00

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RNS Number : 0944M  Ryanair Holdings PLC  10 June 2025

RYANAIR BUYS 30 NEW CFM LEAP-1B ENGINES

$500M INVESTMENT WILL IMPROVE RESILIENCE

Ryanair today (10 June) announced it has reached agreement with CFM to buy 30
new spare LEAP-1B engines which have a list price of $500m. These
fuel-efficient engines, which deliver over the next 2 years, will support
Ryanair's fleet of 210x B737 Gamechanger aircraft and also the B737 MAX-10
aircraft which deliver in 2027. These 30 new engines greatly increase
Ryanair's pool of spare engines to over 120, which will enhance Ryanair's
operational resilience. Ryanair plans to increase its fleet to 800x B737s (all
powered by CFM engines) to grow its traffic to 300m guests p.a. by 2034.

Ryanair's Michael O'Leary said:

"We are pleased to continue to develop our longstanding partnership with CFM
(Safran & GE Aerospace). Today's purchase of 30 new LEAP-1B spare engines
is a significant $500m commitment to improve the operational resilience of our
Group airlines. These latest technology CFM engines reduce fuel consumption
and CO(2  )emissions per seat by up to 20% when installed on our B737 MAX
fleet, which will further widen Ryanair's cost leadership over competitor
airlines in Europe."

CFM's President & CEO, Gael Meheust, said:

"This new agreement is another milestone in the long and successful
partnership we have built with Ryanair. We look forward to continuing to
support Ryanair's significant growth by providing them with industry-leading
reliability and utilization standards".

Ryanair Holdings plc, Europe's largest airline group, is the parent company of
Buzz, Lauda, Malta Air, Ryanair & Ryanair UK. Carrying c.206m guests p.a.
on approx. 3,600 daily flights from 93 bases, the Group connects over 230
airports in 37 countries on a fleet of almost 620 aircraft, and c.330 new
Boeing 737s on order, which will enable the Ryanair Group to grow traffic to
300m p.a. by FY34. Ryanair has a team of over 26,000 highly skilled aviation
professionals delivering Europe's No.1 operational performance, and an
industry leading 40-year safety record. Ryanair is one of the most efficient
major EU airlines. With a young fleet and high load factors, Ryanair targets
50grams of CO₂ per pax/km by 2031 (a 27% reduction).

CFM is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines,
CFM International has redefined international cooperation and helped change
the course of commercial aviation since its founding in 1974. Today, CFM is
the world's leading supplier of commercial aircraft engines with a product
line that sets the industry standard for efficiency, reliability, durability,
and optimized cost of ownership. CFM International produces the LEAP family of
engines and supports LEAP and CFM56 fleets for operators.

 

ENDS
For further info
please contact:                        Jade
Kirwan

Ryanair Press Office

T: +353-1-9451799

E: press@ryanair.com (mailto:press@ryanair.com)
 

 

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