New planes for Ryanair

Low-cost carrier Ryanair has revealed that is has purchased nearly 30 new aircraft, meaning that its fleet will continue to grow and it will be able to offer more routes in the future.

The company announced that it had agreed the purchase of 27 new Boeing 737-800s valued at $1.9 billion. These new planes will mean that Ryanair's fleet will reach 262 aircraft by 2012.

"Ryanair guarantees passengers that they will not find a cheaper fare with any other airline on any of its 487 routes," explained Ryanair's deputy chief executive, Howard Millar.

"The combination of the lowest per seat operating cost and the reliability of these Boeing 737 800s will benefit millions of additional passengers in the coming five years as we extend our route network and our guaranteed lowest fares."

Mr Millar added that Ryanair would be running a special offer for passengers to celebrate the purchase.

"To celebrate we are slashing £20 off all return fares. These guaranteed lowest fares are available for one week only and we urge passengers to book today on www.ryanair.com."

Last week, the airline revealed that it would offer new services between Luton, Manchester and Leeds Airports and Shannon in Ireland.