Despite the recent news that Ryanair had been given approval to offer low-cost flights from Europe to America , it seems that such a project may not be in the works after all . A statement , issued from Dublin , Ireland , shot down recent speculation about budget flights to the US . 'In light of recent press coverage , the Board of Ryanair Holdings Plc wishes to clarify that it has not considered or approved any transatlantic project and does not intend to do so , ' it reads . Despite earlier reports that Ryanair was developing low-cost transatlantic flights , the company is now denying such plans . However , it is understood that the ideas of such a transatlantic project is still being explored , but with the intention that Ryanair would not operate the flights . Instead , any sort of budget Europe to America service , should it come into fruition , would be operated by a sister company under a separate brand . Earlier this week , it was reported that Ireland-based budget carrier was moving forward on plans to run services between key European cities and the US with one-way tickets costing as little as $ 15 ( £10 ) . The news came on the heels of a statement made by Michael O'Leary , the airline 's chief executive , last year . He told the Irish Hotels Federation conference that Ryanair would be offering $ 15 flights to Boston and New York , but also admitted that passengers would be expected to pay extra for everything from meals to baggage . Chief executive Michael O'Leary , has said that $ 15 flights were in development but 'four or five years off ' 'Not every seat will be ( $ 15 ) of course ; there will also need to be a very high number of business or premium seats , ' he reportedly said . He 's also said in the past that the company has had a business plan in development for low-fare , transatlantic flights for awhile , but would need to wait until new aircraft could be ordered . 'The difficulty is , I keep cautioning , is that there 's no availability of long-haul aircraft for another four or five years . ' It remains to be seen whether or not Ryanair 's possible plan will develop further or if a new sister company will emerge .
This week , Ryanair announced plans for low-cost Europe to Boston flights . However , yesterday , Ryanair Holdings Plc issued contradicting statement . It reads : 'Ryanair has not considered or approved any transatlantic project '