Ryanair boosts Boeing order to expand routes

Ryanair has announced that it will buy five more planes than expected, which will allow the company to offer more routes in 2015.

The announcement follows a tough few days trading in Ryanair’s share price, which suffered a 5% fall following a note from Investec which cut the airlines profit outlook due to lack of visibility.

Michael O’Leary’s airline hit back by announcing that they were increasing their order of Boeing 737-800s from 175 to 180.