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Ryanair raises ticket prices. It’s going to be expensive.
Ryanair has been tempting tourists with cheap airline tickets for years. Unfortunately, travelers using the Irish carrier’s services must prepare for holiday increases.
Irish low-cost airline Ryanair began operations in 1985. Their founder was Tony Ryan — a multimillionaire and businessman, in the past associated with the national carrier Aer Lingus. Today the company is making huge profits for its owners, but things were not so colorful in the past.
At the beginning of its operations, Ryanair had at its disposal only a 15-seat Bandeirante aircraft (a machine designed in the 1960s on behalf of Brazil’s Ministry of Aviation). It operated only one service on the Waterford-Gatwick route. The Irish carrier was close to bankruptcy — it employed just over 20 people and generated only takeoffs.
Better years came when Michael O’Leary, who was hired as a financial advisor in 1987, joined the company. It is to him that Ryanair owes all its growth, as well as its international success. Tony Ryaner’s successor completely changed the operation of the company. Business class was abandoned and cooperation with small airports was established, which made travel costs much lower and the number of takers more and more.
