NASDAQ, RYAAY - Ryanair Hlds Plc ADR
The Company operates a low-fares scheduled passenger airline serving
short-haul, point-to-point routes between Ireland, the U.K., Continental Europe
and Morocco. In operation since 1985, the Company began to introduce a low-fares
operating model under a new management team in the early 1990s. See "Item 5.
Operating and Financial Review and Prospects--History." At August 31, 2007, with
its operating fleet of 137 new Boeing 737-800 "next generation" aircraft, the
Company offered more than 920 scheduled short-haul flights per day serving 125
locations throughout Europe and Morocco, including 24 in the U.K. and Ireland.
See "--Route System, Scheduling and Fares--Route System and Scheduling" for more
details of Ryanair's route network.
Offering widely-available low fares, Ryanair carried more than 37.5 million
passengers during calendar year 2006. On the basis of the U.K. ...
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