Ryanair 2011 Annual Report Download - page 37

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35
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 largely
in Europe from its 45 bases in airports across Europe, which together are referred to as “Ryanair’s bases of
operations” or “Ryanair’s bases.” For a list of these bases, see “Item 4. Information on the Company—Route
System, Scheduling and Fares.” Ryanair pioneered the low-fares operating model in Europe in the early 1990s. As
of June 30, 2011, the Company offered approximately 1,550 scheduled short-haul flights per day serving
approximately 160 airports largely throughout Europe, with an operating fleet of 272 aircraft flying approximately
1,300 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 prohibited Ryanair’s 2006
offer for Aer Lingus and Ryanair filed an appeal with the European Court of First Instance (“CFI”). On July 6, 2010,
the CFI upheld the Commission’s decision. For additional information, see “Item 8. Financial Information—Other
Financial Information—Legal Proceedings—Matters Related to Investment in Aer Lingus.” A detailed description
of the Company’s business can be found in “Item 4. Information on the Company.”