Ryanair Buys High-Capacity Boeing 737 to Undercut Network Rivals

Ryanair Holdings Plc agreed to buy as many as 200 high-density Boeing Co. 737 jets in a move that intensifies Chief Executive Officer Michael O’Leary’s push to eject network carriers from most of Europe’s short-haul routes.

Already the region’s biggest discount airline, Ryanair agreed to buy 100 737 Max 8 aircraft with eight more seats than the standard version, together with the same number of options in a deal worth a potential $22 billion at list prices.