Ryanair is a popular regional airline in Europe, known for no-frills service and low-cost tickets. Now, we learn that passengers could be taking budget flights between the U.S. and Europe on a Ryanair-backed airline in less than three years.Michael O'Leary, Ryanair chief executive, said in a Friday announcement that plans to launch a no-frills trans-Atlantic service had been bolstered by an industry downturn that could slash the cost of long-haul aircraft as rivals go bust or orders are cancelled.
O'Leary said the airline could be launched 18 months after acquiring a new fleet next year. The carrier would operate from up to nine bases on each side of the Atlantic. Islip Airport (MacArthur) on Long Island is expected to be the New York base.
"There may be an opportunity to pick up cheap long-haul aircraft next year, in which case we might launch a low-cost, long-haul program in 2½ years," O'Leary said.
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