You may have a compelling reason to cross the Atlantic more often in the next few years. Ryanair, Europe’s largest budget airline, says it is developing a plan for transatlantic service between Europe and North America for as little as US$15 each way!
The Ireland-based budget airline plans to fly between London Stansted and Berlin to New York and Boston. The service will likely not commence until 2020 because the airline will need to procure long-haul aircraft for the routes.
The catch? Of course, one-way fares of $15 would only cover the ticket cost. Passengers would pay extra for everything including meals, baggage, airport taxes and security fees. And not all seats will be that cheap because there will need to be a large number of business or premium seats to offset the costs.
Ryanair is not the only low-cost carrier with ambitious transatlantic plans.
I reported earlier this year that Icelandic carrier Wow Air will launch $145 (£99) tickets in 2015 from London Gatwick to Boston and Washington D.C. with a stopover in Reykjavik. Additionally, Norwegian has already launched its own budget flights between London Gatwick, New York, Boston and Los Angeles for as little as $415 (£389) return.
The service may be basic, but this sort of competition will certainly bring more choices and lower prices to consumers. It will also be a welcome challenge to the U.S. airline industry after recent consolidation has lowered transatlantic capacity and increased prices.