Budget airline Ryanair plans to offer trans-Atlantic flights as cheap as 10 euros ($12.70) before taxes to several U.S. cities from Britain and Ireland.
In an interview with Flight International magazine, Mr O'Leary, the Ryanair boss said he intended to fly to five or six US cities from Ryanair's 23 European bases before the end of the decade.
"Economy class will be very cheap - around €10. But our business class will be very expensive. There's always 10-15 per cent who'll pay whatever it costs for a wide seat," O'Leary said.
The €10 flights, which could begin by the end of next year, would be available for those booking early. Passengers would pay airport taxes on top of the fares. Mr O'Leary is expected to announce plans to buy more than 50 aircraft as part of his vision to help Ryanair beat the recession.
O'Leary said they will just have to keep flying more aircraft, opening up more routes and offering people more cheap flights.
Ryanair was Europe's original low fares airline and is still Europe's largest low fares carrier. In the current year Ryanair will carry 52m passengers on 800 low fare routes across 26 European countries. We have 31 European bases and by the end of March 2008 Ryanair will operate a fleet of 163 new Boeing 737-800 aircraft with firm orders for a further 99 new aircraft (all net of planned disposals), which will be delivered over the next 5 years. Ryanair currently employs a team of 5,000 people, comprising over 25 different nationalities.
Ryanair Passenger Growth in Millions
Originally Posted: China Business Daily
Author: Angulo Fu