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BUSINESS
March 10, 1998 | Bloomberg News
Boeing Co. received an order for 45 jetliners from Ryanair Holdings, reversing the U.S. plane maker's string of losses against Europe's Airbus Industrie for orders from European carriers. The Irish no-frills carrier said the deal includes orders for 25 737-800 jets, worth about $1.1 billion based on list prices, and options for an additional 20 of the 189-seat jets, which could raise the total order to $2 billion. Initial deliveries will come in March 1999.
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BUSINESS
June 28, 2009 | Times Staff And Wire Reports
Ryanair Holdings, Europe's largest low-cost airline, will bar passengers from traveling with anything other than hand luggage as it seeks to cut costs. Ryanair plans to offer an unlimited allowance for carry-on bags that comply with government size limits while abolishing checked luggage, starting next spring, Chief Executive Michael O'Leary said. "This isn't the end of civilization as we know it, it only sounds revolutionary," he said. Passengers will carry belongings onto the plane; when overhead bins are full items will go in the cargo hold.
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BUSINESS
June 28, 2009 | Times Staff And Wire Reports
Ryanair Holdings, Europe's largest low-cost airline, will bar passengers from traveling with anything other than hand luggage as it seeks to cut costs. Ryanair plans to offer an unlimited allowance for carry-on bags that comply with government size limits while abolishing checked luggage, starting next spring, Chief Executive Michael O'Leary said. "This isn't the end of civilization as we know it, it only sounds revolutionary," he said. Passengers will carry belongings onto the plane; when overhead bins are full items will go in the cargo hold.
BUSINESS
March 10, 1998 | Bloomberg News
Boeing Co. received an order for 45 jetliners from Ryanair Holdings, reversing the U.S. plane maker's string of losses against Europe's Airbus Industrie for orders from European carriers. The Irish no-frills carrier said the deal includes orders for 25 737-800 jets, worth about $1.1 billion based on list prices, and options for an additional 20 of the 189-seat jets, which could raise the total order to $2 billion. Initial deliveries will come in March 1999.
BUSINESS
February 1, 2003 | From Bloomberg News
Boeing Co. received an order from an Irish airline for as many as 100 jetliners valued at $6 billion, giving the company a boost as rival Airbus threatens to become world's top maker of commercial aircraft. Ryanair Holdings placed firm orders for 22 planes with a combined list price of $1.3 billion and options for 78 more. Shares of Chicago-based Boeing rose 93 cents to $31.59 on the NYSE.
BUSINESS
April 5, 2006 | From Bloomberg News
Boeing Co. said Tuesday that first-quarter airliner deliveries climbed 40%, helped by demand from low-cost and international carriers. Shipments of commercial jets last quarter rose to 98, the Chicago-based plane maker said. That's up from 70 a year earlier. Seventy-two deliveries were for Boeing's 737 model popular with discount airlines such as Southwest Airlines Co. and Ryanair Holdings.
BUSINESS
January 25, 2002 | Bloomberg News
Ryanair Holdings ordered 150 planes from Boeing Co. worth $9.1 billion as Europe's largest low-fare carrier aims to grow 25% a year and take market share from British Airways and Deutsche Lufthansa. The Irish airline placed a firm order for 100 planes and took options for 50 more in the biggest order for Boeing 737-800s. The planes are set for delivery between 2002 and 2010, and the carrier said it had more than $613 million in cash to help fund the purchase.
CALIFORNIA | LOCAL
October 7, 2007 | From Times Staff and Wire Reports
Tony Ryan, 71, an Irish entrepreneur who founded Europe's leading budget airline Ryanair, died Wednesday near Dublin after a long illness, the airline and his family said. Ryan founded Ryanair in 1985 with a single 15-seat plane. By the time he floated the company on the Irish and British stock exchanges, Ryanair Holdings was expanding across the European continent with eye-popping fares, new routes and trademark boastful marketing.
BUSINESS
April 12, 2005 | From Bloomberg News
Low-cost airlines such as Ryanair Holdings, JetBlue Airways Corp. and AirAsia account for 1 in 8 flights worldwide, double the number from before the Sept. 11 terrorist attacks, a British report released Monday said. Discount airlines operate 12% of the more than 2.27 million scheduled flights worldwide, according to figures from the Bedfordshire, England-based Official Airline Guide. The growth of low-cost carriers contributed to combined losses of $9.2 billion for U.S.
BUSINESS
October 6, 2006 | From Bloomberg News
Ryanair Holdings, Europe's biggest discount airline, made a hostile bid of 1.48 billion euros ($1.88 billion) for Aer Lingus Group to combine Ireland's two dominant carriers and add routes to the U.S. Ryanair acquired a 19.2% stake in Aer Lingus and offered 2.8 euros a share for the rest of the airline, 12% more than Wednesday's closing price in Dublin. Aer Lingus and the Irish government, owner of 28.
BUSINESS
February 25, 2005 | From Reuters
New orders for long-lasting U.S.-made goods slipped in January and initial claims for unemployment benefits rose last week, but rising business demand for capital goods showed the economy still on solid ground. Durable goods orders tumbled 0.9% in January as demand for autos and civilian aircraft fell, but the drop followed an upwardly revised 1.4% December gain, the Commerce Department said Thursday.
BUSINESS
February 25, 2005 | From Times Wire Services
A late surge in buying sent stocks sharply higher Thursday as an upbeat government oil inventory report helped investors look past rising oil prices and mediocre economic data. There were reasons for optimism in the Energy Department's weekly inventory report, which showed strong reserves in gasoline, heating oil and other distillates. The report served to slow, but not stop, this week's jump in oil prices. A barrel of light crude closed at $51.39, up 22 cents, in New York trading.
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