Ryanair places major Boeing jet order
On May 8, Reuters reported that Ryanair, Ireland's largest budget carrier, was close to finalizing a major aircraft deal with Boeing. This news caused Boeing's shares to increase by 1%, and when the deal was confirmed on May 9, the shares rose another 2%. Ryanair's shares also rose in response. The agreement comes at a time when airlines are rapidly purchasing new planes to accommodate the expected surge in air travel following the pandemic.0
