Ryanair Logo — Ryanair Plc (ISE: RYA, LSE : RYA , NASDAQ : RYAAY ) is an airline headquartered in Ireland with Ireland . It was founded by Tony Ryan in 1985 with 25 employees, and its first route Waterford — London . It is the largest carrier of low cost in Europe . It currently has over 1100 routes and 44 bases. Over the years it has become the most profitable carrier in the world, due to cost reduction. Ryanair has been characterized by rapid and continuing expansion, especially after the deregulation of the airline industry in Europe in 1997 . It operated a fleet of 74 planes Boeing 737 classics, which have been removed, and has signed contracts to receive 225 new Boeing 737-800 to 2010 , plus options to purchase 193 additional aircraft. To date, Ryanair has 300 Boeing 737-800 “Next Generation” with a mean age of 3.6 years (March 2012).
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In 2011 , poor market conditions, and problems of the airline with the law , are translated into several routes suppressed for economic reasons, such as some originating from Palma de Mallorca , Granada , Zaragoza , northern or destinations and central Europe. Ryanair is one of the most criticized European companies. Despite their low prices, has been denounced by skipping the policies of the EU and misleading advertising. 11 in 2009 was sued by the Department of Consumer Affairs of the Balearic Islands, collect improperly extra for passengers carry their luggage, 12 As Ryanair systematically applied but it is illegal in Spain. More