Ryanair has secured a $500 million deal to purchase 30 fuel-efficient engines from Franco-American manufacturer CFM International, aimed at strengthening the airline’s operational resilience.
The new engines will be delivered over the next two years, supporting Ryanair’s existing fleet of 210 next-generation Boeing 737s, as well as additional Boeing 737 Max-10 aircraft slated for delivery in 2027.
This acquisition will significantly expand Ryanair’s spare engine inventory to over 120 units, enhancing maintenance flexibility and reducing downtime across its rapidly growing fleet.
The budget carrier plans to increase its Boeing 737 fleet from nearly 620 to 800 aircraft, all powered by CFM engines, targeting an ambitious expansion to serve 300 million passengers annually by 2034.
Group Chief Executive Michael O’Leary highlighted the environmental and economic benefits, stating, “These latest technology CFM engines reduce fuel consumption and CO₂ emissions per seat by up to 20% when installed on our B737 Max fleet, further cementing Ryanair’s cost leadership over competitors in Europe.”
CFM President and CEO Gael Meheust praised the partnership, calling the agreement “another milestone” in their longstanding collaboration. “We look forward to supporting Ryanair’s continued growth by providing industry-leading reliability and utilization standards,” he added.
This deal marks a significant step in Ryanair’s strategy to combine sustainability with operational efficiency as it scales up its European presence.