Fly for Less than £10 at Ryanair

Now you can fly for less than £10 at Ryanair.

It seems too good to be true doesn't it? But reports have confirmed Ryanair is preparing to put forward a plan of providing transatlantic flights for less than £10. These reports of flying for less than £10 at Ryanair may be true, one day. However, this extremely good news is, for now, only that -- extremely good news. Ryanair isn't offering flights for less than £10 just yet.

At some point, though, with much patience and perseverance a traveler's hopes of flying at extremely cheap prices might be possible. A report from the Telegraph revealed a statement issued by Ryanair chief executive Michael O'Leary. In the statement Tuesday, O'Leary told the Irish Hotels Federation conference Ryanair will be offering tickets to New York and Boston for €10 (that's £8.26 or $13.81), and flights back to Europe would cost travellers €7.30 (that's £6.03 or $10.08). The statement is a positive from O'Leary, however flying for cheap prices won't come until the airline acquires long-haul aircrafts necessary to make the flights -- that could take as long as five years.

Of course, extra fees would apply, as O'Leary openly admitted. If the plan happens to take effect, Ryanair will charge passengers for everything from luggage to meals. Business and first-class seats would also need to pay an additional cost. O'Leary added, "We can make money on 99 cent fares in Europe. Not every seat will be €10 of course, there will also need to be a very high number of business or premium seats."

In October, Norwegian announced they will be offering transatlantic flights at cheap prices, however not as low as Ryanair's. Norwegian's transatlantic flights begin at $240 one way. Though not so low as 'less than £10', these prices are still a steal for flights across the ocean.

If it so happens Ryanair gets those long-haul aircrafts, making flying for less than £10 possible, chances are budget airlines will be scrambling to beat the competition -- which means more cheap ticket options for travellers.