Flightglobal.com reports that Ryanair is to launch a new transatlantic airline serving the US East Coast offering fares as low as $12.
In an exclusive interview with Flightglobal's sister magazine Flight International, Ryanair boss Michael O'Leary says that the recent Open Skies agreement has made this possible. The agreement allows airlines to operate transatlantic flights without individual national bilateral deals from 2008.
With "the cheapest fare €10 ($12)", O'Leary expects the services, to secondary airports such as Baltimore, Providence in Rhode Island and New York Long Island Islip Macarthur "to be full". He expects sales of food, drink, duty-free goods and in-flight entertainment to be a major revenue earner.
