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The new airline would carry over 50 million passengers a year.In August 2006, the company started charging passengers to check in at the airport, therefore reversing its policy of paying for online check-in.With two routes and two planes, the fledgling airline carried 82,000 passengers in one year.

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A loss of €3.3 million in the second quarter of 2004 was the airline's first recorded loss for 15 years but the airline became profitable soon after.

The enlargement of the European Union on opened the way to more new routes for Ryanair.

After the rapidly growing airline went public in 1997, the money raised was used to expand the airline into a pan-European carrier.

Revenues have risen from €231 million in 1998, to €1,843 million in 2003 and €3,013 million in 2010.

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.Ryanair has grown from a small airline flying the short journey from Waterford to London into Europe's largest carrier.Ryanair now has over 11,000 people working for the company, most of whom are employed and contracted by multiple agencies to fly on Ryanair aircraft, or, as is the case for pilots, the vast majority are either agency employed or self-employed and their services are contracted to Ryanair.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.Flights were scheduled into regional airports, which offered lower landing and handling charges than larger established international airports.

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