Launch of New Services

Ryanair Holdings PLC
21 February 2001

      RYANAIR ANNOUNCES SEVEN NEW ROUTES FROM LONDON STANSTED TO EUROPE

       Ryanair to Save European Air Travellers more than Euro 1 billion

Ryanair, Europe's largest low fares airline this morning in London launched
its largest ever Summer schedule which features five more new 737-800 series
aircraft (at a cost of US$200m.) and confirmed that on the 5th April next it
would launch daily services to seven new destinations from London Stansted
Airport.

The seven new routes to be operated from London Stansted are as follows;
Destination        Country Frequency         Ryanair      High Fare        %
                                                         Competitors
                                              Fares                      Saving
                                              From
BRUSSELS           Belgium Six flights         £49           £129         62%
(Charleroi)                daily
GOTHENBURG (Save)  Sweden  Four flights        £59           £568         90%
                           daily
SALZBURG           Austria Four flights        £99           £419         76%
                           daily
ESBJERG            Denmark Two flights         £69           £430         84%
                           daily
PESCARA            Italy   Two flights         £99           £850         88%
                           daily
TRIESTE            Italy   Two flights         £99           £662         85%
                           daily
STOCKHOLM          Sweden  Two flights         £79           £635         88%
(Vasteras)                 daily

These new routes see Ryanair enter two new country markets from London
Stansted, Austria and Belgium, competing head to head with BA, Lufthansa and
Sabena as well as adding three new destinations in Scandinavia (bringing the
Scandinavian market up to seven destinations), and two new destinations in
Italy (bringing the number of Italian destinations up to ten). In addition
Ryanair will also be adding frequencies on some of its existing routes from
Stansted with additional daily services to Dublin, Shannon and Glasgow
Prestwick.

Ryanair also confirmed today that it had almost concluded its negotiations
with four new Continental European bases, and confirmed that details of the
new base including flights, destinations and fares would be revealed at a
press conference next week on Wednesday 28th February. Ryanair confirmed that
it wouldn't be making any further comment on its new base until that date.

Announcing the launch of this biggest ever expansion of Ryanair's schedule
from London Stansted Airport, Ryanair's Chief Executive, Michael O'Leary said,


    'This will undoubtedly be Ryanair's most successful Summer schedule -
    ever. By adding two new countries to the Ryanair low fares family (Austria
    and Belgium) we now have the opportunity of bringing low fare competition
    to Austrian Airlines, BA and Sabena, and by adding new destinations in
    Scandinavia and Italy we will continue our policy of increasing the
    competitive pressure on British Airways, Alitalia, SAS and all of Europe's
    high fare carriers as we continue to offer choice and low fares to British
    and European consumers. As the comparative fares above show, Europe's
    consumers have been ripped off by the high fare carriers for far too long
    now.



    'Ryanair have proven over the past five years that we can successfully
    compete with Europe's biggest airlines, and we can save our customers many
    hundreds of millions of pounds a year by giving consumers a choice over
    the rip off airfares they were previously forced to pay when flying with
    the flag carrier airlines.

    'As our recent High Court victory in London confirmed, Ryanair's air fares
    are not just cheaper than British Airways, but are in fact up to three
    times cheaper, and we look forward to delivering huge savings for new
    consumers in Austria, Belgium, Italy and Scandinavia with these new
    destinations, services and fares.

    'This Summer Ryanair will fly on 52 routes to 47 destinations around
    Europe, with a fleet of 36 Boeing 737 aircraft including 15 of the most
    modern 737-800 next generation aircraft. With these additional routes and
    frequencies, we expect to grow our traffic from 7 to 9 million passengers
    over the coming year, and in doing so we will save those customers over
    Euro 1 billion over the air fares being charged by our competitors.



ENDS.                              Wednesday 21st February 2001

For reference:   Michael O'Leary          Pauline McAlester


                 Chief Executive      Murray Consultants Limited

                 Ryanair               Tel: [phone]

                 Tel: [phone]         Mobile: [phone]