A loss of €3.3 million in the second quarter of 2004 was the airline's first recorded loss for 15 years but the airline became profitable soon after.

The rapid addition of new routes and new bases has enabled growth in passenger numbers and made Ryanair among the largest carriers on European routes.

In August 2005, the airline claimed to have carried 20% more passengers within Europe than British Airways.

O'Leary returned from a visit to Southwest Airlines convinced that Ryanair could make huge inroads into the European air market, at that time dominated by national carriers, which were subsidised to various degrees by their parent countries.

He competed with the major airlines by providing a "no-frills", low-cost service.

It says that by cutting airport check-in, it reduces overhead costs.

The new airline would be separate from Ryanair and operate under a different branding.

Ryanair launched a new base of operation in Charleroi Airport in 2001.

Later that year, the airline ordered 155 new 737-800 aircraft from Boeing at what was believed to be a substantial discount, to be delivered over eight years from 2002 to 2010.

After a successful flotation on the Dublin Stock Exchange and the NASDAQ Stock exchanges, the airline launched services to Stockholm, Sandefjord Airport, Torp (110 km south of Oslo), Beauvais–Tillé and Charleroi near Brussels.

The airline launched its website in 2000, with online booking initially said to be a small and unimportant part of the software supporting the site.

Ryanair denied the allegations On 5 October 2006, Ryanair launched a €1.48 billion (£1 billion;

The new airline would be separate from Ryanair and operate under a different branding.Ryanair launched a new base of operation in Charleroi Airport in 2001.Later that year, the airline ordered 155 new 737-800 aircraft from Boeing at what was believed to be a substantial discount, to be delivered over eight years from 2002 to 2010.After a successful flotation on the Dublin Stock Exchange and the NASDAQ Stock exchanges, the airline launched services to Stockholm, Sandefjord Airport, Torp (110 km south of Oslo), Beauvais–Tillé and Charleroi near Brussels.The airline launched its website in 2000, with online booking initially said to be a small and unimportant part of the software supporting the site.Ryanair denied the allegations On 5 October 2006, Ryanair launched a €1.48 billion (£1 billion; $1.9 billion) bid to buy fellow Irish carrier Aer Lingus.

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The new airline would be separate from Ryanair and operate under a different branding.

Ryanair launched a new base of operation in Charleroi Airport in 2001.

Later that year, the airline ordered 155 new 737-800 aircraft from Boeing at what was believed to be a substantial discount, to be delivered over eight years from 2002 to 2010.

After a successful flotation on the Dublin Stock Exchange and the NASDAQ Stock exchanges, the airline launched services to Stockholm, Sandefjord Airport, Torp (110 km south of Oslo), Beauvais–Tillé and Charleroi near Brussels.

The airline launched its website in 2000, with online booking initially said to be a small and unimportant part of the software supporting the site.

Ryanair denied the allegations On 5 October 2006, Ryanair launched a €1.48 billion (£1 billion; $1.9 billion) bid to buy fellow Irish carrier Aer Lingus.

||

The new airline would be separate from Ryanair and operate under a different branding.

Ryanair launched a new base of operation in Charleroi Airport in 2001.

Later that year, the airline ordered 155 new 737-800 aircraft from Boeing at what was believed to be a substantial discount, to be delivered over eight years from 2002 to 2010.

After a successful flotation on the Dublin Stock Exchange and the NASDAQ Stock exchanges, the airline launched services to Stockholm, Sandefjord Airport, Torp (110 km south of Oslo), Beauvais–Tillé and Charleroi near Brussels.

.9 billion) bid to buy fellow Irish carrier Aer Lingus.