Ryanair announce to Stock Exchange it has “not considered or approved any transatlantic project and does not intend to do so.”

In September Ryanair announced it was buying 100 Boeing 737-MAX planes, and has also secured options on another 100 of the slightly larger, 737 200 (200 seats). These planes, in the plans of Ryanair, are to thrash the low cost opposition in Europe.Their range is not long enough for transatlantic flights as they could barely reach New York. Ryanair needs to buy a large number of longer haul planes, to make a transatlantic service viable, and Mr O’Leary has said he cannot get those planes for 4 – 5 years, at least. But in February, Michael O’Leary told a conference he was planning £8 transatlantic flights after perhaps 5 years. This got Gatwick airport very excited, putting out a blog on their website that states: “The announcement this week that Ryanair’s Board has approved plans to launch new low-cost long-haul services is significant news but really should come as no surprise to many of us in the aviation industry as this is a development that has been signposted for some time.” Today Ryanair has had to put out an announcement to the Stock Exchange, to avoid confusion caused by press speculation that: “In the light of recent press coverage, the Board of Ryanair Holdings Plc wishes to clarify that it has not considered or approved any transatlantic project and does not intend to do so.”



19th March 2015 (Gatwick airport blog)

By Chris Tarry (” one of the world’s leading airline analysts”)

Why low-cost long-haul travel is a game-changer in the UK’s expansion debate

“The announcement this week that Ryanair’s Board has approved plans to launch new low-cost long-haul services [link to FT article about Ryanair transatlantic flights] is significant news but really should come as no surprise to many of us in the aviation industry as this is a development that has been signposted for some time.

“Ryanair’s management has always highlighted the importance of acquiring new generation aircraft to operate such services and suggests that this is now likely to occur within the next three to four years.

“Ryanair’s announcement should be seen simply as the latest stage in this emerging sector’s steady ascent – it isinevitable that low cost long-haul airlines as a group will continue to increase their presence in the market place.

“The capabilities of new generation aircraft, in particular the Boeing 787 Dreamliner and A350, open up the possibilities for more point-to-point travel – this is both for traditional airlines but also particularly lower cost operators where London is a particularly attractive origin and destination market.

“My view is that although transfer traffic will still feature in the London market, the combination of London’s geographic location, the capability of new generation aircraft and the strategies of a number of airlines meanLondon traffic will increasingly focus on flows between Europe and North America where the networks are already well developed.

“As a result London’s importance as a point-to-point market will further increase over time – against this background the newer generation airlines (including those categorised as “low cost”) will provide the momentum for growth in both the short haul and long haul segments of the market.

“In my own work around the airports expansion debate, I have highlighted for some time now how the “low-cost long-haul market”  will be one of the key future trends of the industry over the medium and longer term.

“The Boeing 787 Dreamliner has already enabled Norwegian to launch low cost long-haul services from Gatwick to America. Most recently we have also seen AirAsia X’s management suggest that they will re-start services to Europe (and London in particular) in 2016 which is earlier than previously expected.

“The Ryanair news is a timely reminder to the Airports Commission to look at future trends, not past patterns, as it makes its final decision about where to build the UK’s next runway – the Commission itself has acknowledged that the development of the low-cost sector is likely to have profound effects on the nature of the additional capacity required in the UK.

“What is now clear is that any expansion decision must encourage, not stifle, the long-term growth of this group of airlines. The chosen solution must provide an outcome that is characterised by the lowest possible airport charges so that all airlines, including full service carriers, are able to benefit.

“London’s status as the world’s best connected city in terms of destinations served will only continue if airport expansion supports the future needs of airlines, not just the perceived needs of those operating today.”

Ryanair’s annoucement:

Ryanair Holdings PLC


RNS Number : 9571H
Ryanair Holdings PLC
19 March 2015

“In the light of recent press coverage, the Board of Ryanair Holdings Plc wishes to clarify that it has not considered or approved any transatlantic project and does not intend to do so.”

Ryanair forced to admit it is not considering trans-Atlantic flights after all

Statement from airline’s board comes three days after airline spokesman said it was planning the flights for as little as €10
19.3.2015 (Telegraph)

By James QuinnThe board of Ryanair has been forced to admit it is not considering flying across the Atlantic just days after it said it was.

In a brief stock exchange statement, the Irish airline said it had not approved any such plans, nor would it.

“In the light of recent press coverage, the Board of Ryanair Holdings plc wishes to clarify that it has not considered or approved any transatlantic project and does not intend to do so.”

The riposte comes just days after the airline said it was working on plans for trans-Atlantic flights from as little as €10.

The Irish carrier had said in a statement that it was talking to manufacturers about buying planes to serve new routes between various European airports and 12 to 14 American cities.

“European consumers want lower cost travel to the USA and the same for Americans coming to Europe. We see it as a logical development in the European market,” a spokesman said on Monday.

“The business plan is there but it’s dependent on attaining viable long haul aircraft and we estimate that’s 4 to 5 years away.”

Michael O’Leary, the airline’s chief executive, has long spoken about his desire for Ryanair to carry passengers across the Atlantic. However, the company has struggled to find a way to make it pay.

Other companies have learned the hard way of launching rock-bottom fares to the States. Freddie Laker launched low-cost flights to the US in 1977, only for Laker Airways to go bust five years later. Norwegian Airlines started offering budget tickets between London and New York last summer, though the achievement was marred by the carrier falling to an annual loss for the first time in eight years.

Others to have tried cheap flights to the States include Zoom Airlines, which ceased operations in 2008, and Icelandic carrier Wow Air, which will later this year launch £99 tickets from London Gatwick to two US cities with a stopover in Reykjavik.

Ryanair is Europe’s largest budget carrier with 86.4m passengers last year. It has embarked on an ambitious plan to increase its traffic to 150m passengers by 2024 and Mr O’Leary is focusing on a cuddly ‘new Ryanair experience’.


Ranges of Boeing 737 MAX compared to Dreamliner

Range 3,800 nautical miles Boeing 737 max  (4,373 miles)
Range: 8,300 nautical miles Dreamliner (9,551 miles)


London to New York 3,459 miles
London to Washington 3,662 miles
London to Florida 4,386 miles

O’Leary said the new MAX jets would not allow Ryanair to offer transatlantic service, because the range is not sufficient to reach enough U.S. cities.



Ryanair buys 100 Boeing 737 MAX jets, sees fare price war

8.9.2014  (Reuters)

Ryanair Holdings Plc, Europe’s largest low-cost carrier, signed a deal on Monday to buy 100 Boeing Co 737 MAX jetliners for up to $11 billion (7 billion pounds), launching a new version of the single-aisle plane that will allow it to squeeze in more passengers and ramp up fare price wars.

The Irish airline also secured options on 100 more of the modified 737 MAX 8s, dubbed the 737 MAX 200 because it can seat up to 200 passengers, bringing the value of the deal to about $22 billion, if all the options are exercised.

Ryanair’s chief executive officer, Michael O’Leary, said he aimed for the airline to carry 150 million passengers a year by 2024, up from an earlier target of 120 million and up from the about 82 million passengers it carried in 2013. He said Ryanair intends to exercise all the options because the 200 new planes are key to achieving its target growth.

Ryanair already is the largest airline in Europe, and O’Leary said the new Boeing planes will further cut Ryanair’s operating costs, allowing it to take market share from legacy carriers such as Lufthansa, SAS, British Airways and Alitalia.

“It means that we’re going to expand and grow very strongly in Europe, both in new markets and in going in and taking traffic away from incumbent carriers,” he said at a press conference in New York where he and the chief executive of Boeing Commercial Airplanes, Ray Conner, signed the deal.

“I hope it will hasten in an era of a new price war in Europe over the next 10 years, which like all the old price wars, Ryanair will win.”

O’Leary said the new planes, which will have two additional doors, will seat eight more passengers than the 737-800 models currently in Ryanair’s fleet. The planes reduce fuel consumption by about 18% compared with current models, and with the additional seats the cost would be about 20 percent lower, O’Leary said.

O’Leary said the extra seats would generate about 1 million euros of additional revenueper plane per year, most of which will go to the bottom line.

Ryanair will pay a “modest” premium for the planes, O’Leary said, but the extra cost “is truly justified by the seats and engine economics.”

Conner characterized the premium as “huge,” but neither executive would detail pricing. The 737 MAX 8 has a list price of $104 million, but airlines typically negotiate steep discounts.


O’Leary said he had pressed Airbus and Boeing for 10 years about a larger single-aisle plane, believing that the 200-seat size is the “sweet spot” for low-cost carriers.

The Airbus A320 has 180 seats compared with 189 for the 737-800, and it couldn’t be reconfigured to add the additional capacity that Ryanair sought, he said.

Airbus said the MAX 200 configuration would remove three of eight galley trolleys – the carts used for serving drinks and meals – to make way for more seats, leaving only five trolleys for 200 passengers. “Even low-cost carriers need more than that if they are serious about on-board sales and ancillary revenues,” Airbus spokeswoman Mary Anne Greczyn said.

Airbus said seats on the Ryanair MAX 200 would be spaced more closely, with less legroom than on the A320. O’Leary said that by using new, slim seats, the spacing is about the same.

Airbus also said the MAX 200’s additional doors would increase the plane’s weight, reducing its fuel-cost advantage.

“Even with 200 seats in the 737 MAX and 189 in the Airbus A320neo, the Boeing aircraft has significantly inferior per-seat fuel burn,” Greczyn said.

Last year Ryanair placed a $15.6 billion order for 175 Boeing 737-800 jets. O’Leary said in July he would keep that order, even as he studied the higher-density MAX version.

Reuters reported on Friday that Ryanair was in advanced talks to order at least 100 MAX jetliners.

Boeing shares closed up 2.6 percent to $127.98. Ryanair’s stock closed down 0.1 percent to 7.483 pounds.

Boeing’s Conner said low-cost carriers could eventually make up 35 percent of the market for single-aisle airplanes. Boeing’s chief 737 competitor, Airbus Group’s A320, also is getting refreshed with new engines.

O’Leary said the new MAX jets would not allow Ryanair to offer transatlantic service, because the range is not sufficient to reach enough U.S. cities.

Ryanair has a plan to operate a long-haul service as a subsidiary, but needs 30 to 50 long-haul aircraft to make it work.

“The availability (of those jets) just isn’t there for another four or five years,” O’Leary said.

(Reporting by Alwyn Scott in New York; Additional reporting by Connor Humphries in Dublin, Ireland,; Editing by Jeffrey Benkoe and Leslie Adler)





Ryanair plans to offer flights to New York for just £8 (or £145 by the time you’ve paid the hidden charges)

The flights will be offered from between 12 to 14 European airports
Ryanair said the transatlantic service will start in five years timeBy DAILY MAIL REPORTER
27.2.2015Ryanair is to offer customers £8 flights to the US – but passengers will still be hit with hidden costs along the way.
The airline intends to offer the cheap flights from between 12 to 14 European cities to the same amount of destinations in America.
However, the transatlantic flights won’t be available for up to another five years when the company gets the long-haul aircraft it needs.Michael O’Leary, the airline’s chief executive, told the Irish Hotels Federation conference in Meath that Ryanair would offer the €10 (£8.21) flights to Boston and New York.
Flights back to Europe from the US would cost $10 (£6.00).
However, he admitted that passengers would pay extra for everything from meals to baggage.
He said: ‘We can make money on 99 cent fares in Europe. Not every seat will be €10 of course; there will also need to be a very high number of business or premium seats.’
Last year he said: ‘There is 15 per cent of the public who will pay for the frills and you will be mad to switch off from that’.
Mr O’Leary has previously said that ‘a fleet of 30, 40, 50 aircraft and not two, four or six’ would be required to get the operation up and running.
The airline’s chief executive Michael O’Leary said 30 to 50 planes will be needed for the service
Ryanair has long been accused of luring customers in with low fares while charging sky-high fees for ‘extras’.
Mr O’Leary has been the face of Ryanair for almost 20 years and has a reputation for being outspoken.

The 52-year-old promised to stop ‘p*****g off’ its customers after the company recorded a £28.7million loss in the last three months of 2013.http://www.dailymail.co.uk/news/article-2569065/Ryanair-plans-offer-flights-New-York-just-8-145-time-youve-paid-hidden-charges.html