Irish discount carrier Ryanair Holdings Plc (RYAAY) has agreed to buy around 200 Boeing aircrafts in an order, currently valued at approximately $18 billion.
The transaction expands Ryanair's airline passenger capacity from 80 million to approximately 120 million.
Meanwhile, for Boeing Co., who is having a tough time with the 787 Dreamliner, the order is expected to be one of the biggest in the company's history.
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