Ryanair, a Dublin based low-cost airline recently made the biggest-ever order of Boeing planes by a European airline, it will buy 175 aircraft in a major boost for the U.S. aerospace giant. Ryanair (RYAAY) already operates a fleet of 305 Boeing 737-800 Next Generation aircraft. It is Boeing's biggest European customer for the model, which launched in 1997 and faces global competition from the Airbus A320.
Boeing's primary 737 assembly line in Renton, Washington, faces a transition to building a newer model called the 737 MAX by 2017. Ryanair's order represents about a half-year of full-time work for the plant.