Ryanair sells 20 jets for €8.1m

RYANAIR yesterday sold off 20 aircraft that were more than 20 years old €8.1 million.

Ryanair is busy replacing the planes and has an order for 150 new Boeing 737s costing close to €25m per aircraft. It struck the deal for the jets with a list price of €35m in the wake of the September 11 attacks in 2001 when the airline industry was in a slump.

Yesterday, Ryanair disclosed that it had sold its fleet of 20 Boeing 737-200 aircraft to Autodirect Aviation LLC, including spare engines and parts for a total consideration of €8.1m.