Europe’s biggest budget carrier Ryanair has indicated that it might start offering cheap airfares on trans-Atlantic flights. The airline, however, said that this would depend only when it finally succeeds in securing enough twin-aisle aircrafts for the purpose. The airline further stated that it would able to implement its plan after it gains access to destinations in Europe and the United States as well.
Michael O'Leary, Chief Executive of Ryanair, said that this is indeed a unique opportunity for the airline to make extensive efforts to begin flights services on trans-Atlantic routes. O'Leary, who was recently at the Paris Airshow, said that as and when the flights on trans-Atlantic routes start, the fares should start at $10.
If the Irish short-haul carrier Ryanair would finally move into the competitive trans-Atlantic market then it would be seen as embarking on similar lines of Laker Airways, which had ultimately shut down after going bankrupt in 1980.
O'Leary remarked that long-haul business needs to be run separately in order to succeed, and the management should remain focused on short-haul business separately to gain success.