How can anybody afford this?

The CEO of Europe’s biggest low-cost carrier, Ryanair, has announced plans to launch a transatlantic airline. His wants to offer tickets for as low as 10 euros for a flight to the US from Europe. But will it work?

Three months after cheap-flight giant Ryanair had publicly denied interest in routes to America, its CEO, Michael O’Leary, has announced an idea for a whole new airline that will start transatlantic flights in 2010 — for as little as 10 euros one-way.

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