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

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.Ryanair CEO Michael O'Leary said the move was a "unique opportunity" to form an Irish airline.It says that by cutting airport check-in, it reduces overhead costs.

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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.

.9 billion) bid to buy fellow Irish carrier Aer Lingus.Ryanair CEO Michael O'Leary said the move was a "unique opportunity" to form an Irish airline.It says that by cutting airport check-in, it reduces overhead costs.

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O´Leary was charged with the task of making the airline profitable.

O'Leary quickly decided that the key to profitability was low fares, quick turn-around times for aircraft, "no frills" and no business class, as well as operating a single model of aircraft.

Similarly net profits have increased from €48 million to €339 million over the same period.

In 1986, the company added a second route – flying Dublin–Luton in direct competition with the Aer Lingus / British Airways duopoly for the first time.

The airline has been characterised by its rapid expansion, a result of the deregulation of the aviation industry in Europe in 1997 and the success of its low-cost business model.

Ryanair's route network serves 34 countries in Europe, Africa (Morocco), and the Middle East (Israel).

On 13 February 2006, Britain's Channel 4 broadcast a documentary as part of its Dispatches series, "Ryanair caught napping".

The documentary criticised Ryanair's training policies, security procedures and aircraft hygiene, and highlighted poor staff morale.

Increasingly the online booking contributed to the aim of cutting flight prices by selling directly to passengers and excluding the costs imposed by travel agents.

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