Ryanair commits to order 100 of the 737 MAX 200s, valued at $11 billion at current list prices

European airline Ryanair has committed to order 100 of Boeing's 737 MAX 200 airplanes, valued at $11 billion at current list prices.

Ryanair has options to buy another 100 of the 737 MAX 200s as well.

The 737 MAX 200 is considered more fuel-efficient than most other current single-aisle airplanes and can accommodate up to 200 seats.

Ryanair runs more than 1,600 flights daily.