A transatlantic price war is set to erupt as the first continental carrier moves in to take on British and American airlines flying from London to the US.All are taking advantage of the deal which allows any European and US airline to fly between anywhere in the EU and the US.
Meanwhile, Michael O'Leary, the chief executive of Ryanair, is waiting in the wings. He is drawing up plans to set up his own low-cost transatlantic airline, flying to "secondary" airports in the USA from bases such as Stansted and Liverpool John Lennon. STORY
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