Ryanair has ambitious plans to increase the number of passengers flying with Europe’s
leading low-cost airline each year from 70m to up to 130m over the next decade,
by buying as many as 300 aircraft.

Michael O’Leary, Ryanair’s chief executive, told the Financial Times he was looking
to take a large delivery of aircraft between 2015 and 2021, and was in talks with
US, Chinese and Russian manufacturers.

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Ryanair is talking to three manufacturers – Boeing of the US, China’s Comac and
Russia’s Irkut – about a deal to buy 200-300 narrow-body aircraft from one of
them.

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At 130m passengers, Ryanair would consolidate its position as one of the world’s
largest airlines. Lufthansa, Europe’s largest airline by revenue, flew 91m passengers in 2010. Southwest Airlines, the US low-cost carrier, flew 88m passengers in 2010.

Mr O’Leary said demand for low-cost air travel in the deteriorating economic environment meant Ryanair could continue to increase market share on European short-haul
routes at the expense of flag carriers including Lufthansa and British Airways.

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