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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.

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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.The new airline would be separate from Ryanair and operate under a different branding.Ryanair launched a new base of operation in Charleroi Airport in 2001.Later that year, the airline ordered 155 new 737-800 aircraft from Boeing at what was believed to be a substantial discount, to be delivered over eight years from 2002 to 2010.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.

Within a year, the website was handling three-quarters of all bookings.

Under partial EU deregulation, airlines could begin new international intra-EU services, as long as at least 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.

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.