Why is Ryanair so cheap?
Ryanair is perhaps one of the cheapest airlines in the world. Let alone Europe! But why exactly are they so cheap? Here's how!
Ryanair currently has a fleet of 450 Boeing 737-800s. As well as having 20 737 MAX 8s on order (built but not delivered due to the 737 MAX's grounding!)
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History
Before we can understand how and why Ryanair is so cheap, we must first understand who they are, and what their history is like.
Ryanair was founded in 1984 by Tony Ryan, an Irish billionaire businessman.
Originally, the airline was going to compete with the Aer Lingus-British Airways duopoly, by operating small flights between Waterford and Gatwick Airport, by offering lower fees.
However, Ryanair soon found...