Ryanair Considers Cheap Transatlantic Service

European budget airline Ryanair could give new meaning to the term low fare. The Dublin-based carrier said it is mulling over the idea of adding transatlantic flights by the end of 2009, with seats going for as little as $12 in economy class. Flights would likely operate from Dublin and London Stansted airports to New York, Florida, Los Angeles, San Francisco and Boston. But flights will reportedly operate under an airline with a different name and with a business class. Ryanair chief executive Michael O’Leary said the airline may snap up aircraft from struggling rivals to create the new transatlantic service.