According to Boeing, Vietjet’s order is the largest single purchase of commercial aircraft in Vietnam’s history.

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Its Boeing 737 MAX 200s will allow Ryanair to expand its fleet to 520 aircraft by 2024 and create 10,000 new jobs for pilots, cabin crew and engineers. They will also enable Ryanair to grow traffic from 82 million passengers in 2013 to over 150 million by 2024, according to CEO Michael O’Leary.

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The 737 MAX 200 will be a variant of the Boeing 737 MAX 8 that will accommodate up to 200 seats. In addition to Ryanair’s initial 100-aircraft commitment, which Boeing values at $11 billion at current list prices, Ryanair has secured options to purchase another 100 737 MAX 200s.

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