Ryanair said today it had ordered ten new aircraft from Boeing in a deal worth €550 million.
It is part of a plan to more than double the size of the budget carrier's fleet in the next six years.
Currently the airline has a fleet of 107 Boeing 737-800s, but it expects to be using 249 by 2012.
Last month the company announced pre-tax profits of €302 million - despite a 74 per cent increase in fuel costs.
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The ten new planes are expected to be flying on the company's routes by June 2008. Ryanair has pledged to develop services from Marseille, where it will create a new regional hub, and from Frankfurt.