Yesterday afternoon (19 March), Ryanair issued a statement to the stock market saying: "In the 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."
Ryanair, which launched a business class service last year, claimed it had plans to operate flights between up to 14 European and US cities.
A Ryanair spokesman said on Monday that the board had approved business plans for future growth, including transatlantic, and that the company was in talks with manufacturers about long-haul aircraft.
He said at the time: "European consumers want lower cost travel to the USA and the same for Americans coming to Europe," he said. "We see it as a logical development in the European market."
The spokesman added that the business plan was dependent on securing "viable" long-haul aircraft and that the company estimated that to be "four to five years away".
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