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assengers: 5,000
People (y/e): 51 -
British Airways and Aer Lingus' high fare duopoly on the Dublin-London route
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Ryanair acquires its first jet aircraft by leasing three BAC1-11 aircraft from the Romanian state airline, Tarom.
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The Gulf War breaks out in January causing passenger traffic to collapse. Tanks are stationed outside the major London airports.
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Ryanair takes delivery of its first Boeing 737 in January and launches two new routes from Dublin to Manchester and Glasgow Prestwick in April
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All of Ryanair's employees receive shares as part of the flotation process and at the close of the first days trading, Ryanair's employees are sitting on over €100m. worth of shares.
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Dublin - London On-Times
Ryanair 76.1%
Aer Lingus 75.7%
British Midland 66.0%
British Airways 61.0%