Ryanair

Ryanair is an Irish low-cost airline founded in 1984. It operates scheduled passenger flights across Europe and other regions using a low-fare business model.

Low-cost carrier: An airline that reduces operating costs to offer lower fares, often with simplified service and optional extras. Ryanair is one of Europe’s largest examples of this airline model.
Tony Ryan: An Irish businessman who founded the aircraft-leasing company Guinness Peat Aviation and helped establish Ryanair. He backed Ryanair’s founding in 1984.
Secondary airport: An airport serving a city or region but less central or less prominent than its primary airport. Ryanair often uses such airports to reduce fees and access less congested facilities.
easyJet: A British low-cost airline that operates scheduled flights across Europe and other markets. It is Ryanair’s most prominent European low-cost rival.
European low-cost airline market: The market for airlines offering low fares and simplified service across Europe. Ryanair’s scale and pricing have strongly influenced competition in this market.
Ancillary revenue: Income from services and products sold beyond a company’s main offering. Optional baggage, seat selection, and other extras supplement Ryanair’s ticket revenue.
Declan Ryan: An Irish businessman and son of Tony Ryan who co-founded Ryanair. He was among the airline’s original founders.
Dublin Airport: Ireland’s principal international airport, located north of Dublin city centre. It is a major base and operational center for Ryanair.
Wizz Air: A Hungarian-founded low-cost airline operating flights across Europe and beyond. Its rapid growth has made it a direct competitor on many European routes.
Air travel price competition: Competition among airlines to attract passengers through ticket prices and related offers. Ryanair’s low fares have pressured established carriers to compete on price.

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