Ryanair 2010 Annual Report Download - page 35

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33
PART I
Item 1. Identity of Directors, Senior Management and Advisers
Not applicable.
Item 2. Offer Statistics and Expected Timetable
Not applicable.
Item 3. Key Information
THE COMPANY
Ryanair operates a low-fares, scheduled passenger airline serving short-haul, point-to-point routes in
Europe and Morocco from its bases in Dublin, London (Stansted and Luton), Glasgow (Prestwick), Brussels
(Charleroi), Frankfurt (Hahn), Milan (Bergamo), Stockholm (Skvasta), Rome (Ciampino), Barcelona (Girona),
Nottingham East Midlands, Liverpool, Shannon, Pisa, Cork, Marseille, Madrid, Bremen, Dusseldorf (Weeze),
Bristol, Alicante, Belfast, Bournemouth, Birmingham, Kerry, Edinburgh, Reus, Alghero, Cagliari, Trapani,
Bologna, Pescara, Oporto, Bari, Brindisi, Leeds Bradford, Faro, Oslo (Rygge), Malaga, Kaunas and Malta
airports, which together are referred to as “Ryanair’s bases of operations” or “Ryanair’s bases.” Ryanair plans to
open a new base in Barcelona (El Prat) in September 2010 and a further new base in Valencia in November
2010. Ryanair pioneered the low-fares operating model in Europe in the early 1990s. As of June 30, 2010, the
Company offered approximately 1,300 scheduled short-haul flights per day serving 155 airports throughout
Europe and Morocco, with an operating fleet of 250 aircraft flying approximately 1,100 routes. The Company
also holds a 29.8% interest in Aer Lingus, which it has acquired through market purchases following Aer
Lingus’ partial privatization in 2006. The European Commission has prevented Ryanair from acquiring a
majority stake in Aer Lingus and Ryanair filed an appeal with the European Court of First Instance (“CFI”). On
July 6, 2010, the Court upheld the Commission’s decision. Ryanair has two months and 10 days from such date
to appeal this judgment. For additional information, see “Item 8. Financial Information—Other Financial
Information—Legal Proceedings—Aer Lingus Merger Decision.”
A detailed description of the Company’s business can be found in “Item 4. Information on the
Company.”