Ryanair, a low-cost airlines has planned to make vision of a €10 ticket to cross the Atlantic as true. This would possibly ignite the low cost warfare. Another landmark agreement has been approved to open more trans-Atlantic routes in coming days.
Michael O’Leary, chief executive of Ryanair, said the airline has the plan to start low-cost service in 2010 and would serve five or six US cities. According to him, the tickets for economy-class seats would be available for €10.
Some of industry analysts say that the US and the EU have flagged down the agreement as a breaking point for selfless air travelers noshed up with the steep fares that airlines charge for travel across the Atlantic. The claims for the proposal for ultra-low fares, the initial impact on ticket prices would be more limited.
Further, the ‘open skies deal’ is all set to be signed on April 30 in Washington. With this deal, the European airlines and US airlines would be given permission to fly on any route between any city in the EU and any city in the United States.
It would also abolish the restrictions on the airlines such as German carrier Lufthansa from operating flights to the US from Amsterdam or Rome or any other European city. US airlines will have the rights to fly between European cities and the EU airlines will have the direct service between the US and non-EU countries too.
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