Ryanair exercised options to buy nine further 737-800s for delivery in 2007 and confirmed the planned sale later that year of five of its older 737-800s, which it purchased in 1999. "This is a continuation of Ryanair's strategy of operating the youngest fleet in Europe, with the lowest unit operating costs and best technical reliability, thereby ensuring that Ryanair remains the number one ontime major airline in Europe," CEO Michael O'Leary said at an Investor Day in London. Europe's ...

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