Ryanair in deal to maintain engines

RYANAIR has announced a 10-year engine maintenance contract with General Electric Engine Services while the group announces second quarter results later today.

The deal carries a 10-year optional extension, Europe’s largest low-fares airline said, but it refused to give financial details.

In early May the company entered a joint venture with the Scottish Executive, Scottish Ayrshire and the Scottish Development International involving a £10m aircraft maintenance facility at Glasgow’s Prestwick airport.