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is an Irish low-cost airline founded in 1984, headquartered in Swords, Dublin, Ireland, with its primary operational bases at Dublin and London Stansted airports.In 2016, Ryanair was the largest European airline by scheduled passengers flown, and carried more international passengers than any other airline.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 and Jordan).

Revenues have risen from €231 million in 1998 to €1,843 million in 2003 and to €3,013 million in 2010.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 to Luton, thus directly competing with the Aer Lingus/British Airways duopoly for the first time.Under partial EU deregulation, airlines could begin new international intra-EU services, as long as one of the two governments gave approval (the so-called "double-disapproval" regime).The Irish government at the time refused its approval to protect Aer Lingus, but Britain–under Margaret Thatcher's deregulating Conservative government–approved the service.With two routes and two planes, the fledgling airline carried 82,000 passengers in one year.

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