Ryanair wants €9bn deal for 200 planes

RYANAIR wants to reach an agreement to purchase 200 aircraft by the end of the year in a deal that could be worth close to €9 billion.

The airline said that if it does not finalise the aircraft purchase with either Boeing or Airbus over the coming months it will distribute cash to shareholders.

Should Ryanair come to an arrangement with the plane makers the aircraft would be delivered after 2012.