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Ryanair set for £8 flights to US ($13)

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Poahi

Well-known member
Joined
Nov 19, 2005
Posts
3,766
Budget airline Ryanair is to offer flights to the US for eight pounds, by buying planes from struggling rivals.

The plan will be revealed when chief executive Michael O'Leary announces the firm's quarterly results on Monday.

"Economy class will be very cheap, around 10 euros, but our business class will be very expensive," he said in a newspaper interview.

Ryanair's second quarter profits are expected to fall, due to higher fuel prices and its decision to cut fares.

Mr O'Leary is expected to announce plans to buy more than 50 extra aircraft, as part of plans to beat the recession by undercutting more expensive rivals.

"We'll just have to keep flying more aircraft, opening up more routes and offering people more cheap flights," Mr O'Leary said.

Profits down

The 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.

The transatlantic flights are likely to go from Stansted and Dublin airports to New York, Florida, Los Angeles, San Francisco and Boston.

Meanwhile, it is expected that Ryanair's quarterly profits will drop significantly.

Royal Bank of Scotland is forecasting net earnings of 145m euros (£115m; $184m) for Ryanair for the second quarter, down from 260m euros last year.

While the oil price has come down lately, analysts say Ryanair is still suffering because it insured against changing fuel costs at too high a price.

Mr O'Leary has said he expected the airline to make a profit for the full year as long as oil stays below $70 a barrel.

http://news.bbc.co.uk/1/hi/business/7559406.stm
 
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Just curious, what type of aircraft will they be using? All I've ever seen (all over Europe) are Ryan's 737's?
 
Somebody must have forgot that the lights need to stay on because the roaches are starting run amuck.
 
The 737-700 is going to have some range problems. With cabotage, wouldn't they just fly domestic routes once they reach the East Coast?
 
The 737-700 is going to have some range problems. With cabotage, wouldn't they just fly domestic routes once they reach the East Coast?

I think they use the -800. Does anybody know if the -800 has the legs to cross the pond?
 
I thought they had options for 737-900ER's and have to give Boeing a heads up notice on it. Actually the 737-700 can do it, there is a Swiss company that flies into EWR, the one with the Redtail called PrivatAir. Search the under Airliners.net and you will see the their planes in EWR. All I can say is thank you president moron for approving open skies. This is exactly why this Republican is voting Democrate on Tuesday!!! Goodbye to some of our network carriers if these guys are successful.
 

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