Ryanair places major Boeing jet order  

Reuters broke the news on May 8 that Ireland’s Ryanair was close to announcing a major aircraft deal with Boeing, ending months of deadlock. Boeing shares initially rose about 1% and gained another 2% when the news was confirmed on May 9. In Europe, shares in Europe’s largest budget carrier also rose. The long-awaited deal comes as airlines are rushing to buy new jets to meet a post-pandemic boom in air travel.