Ryanair has agreed a $40bn (£31bn) deal with Boeing that will see it purchase up to 300 new aircraft over the next decade.

The new aircraft, which have 228 seats, are to be used to meet Ryanair’s traffic which it forecasts will grow by 80% and reach 300m passengers a year by 2034.

Boeing's president and chief executive, Dave Calhoun, said the Boeing-Ryanair partnership is "one of the most productive in commercial aviation history".

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