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Apr 13, 2007 04:30 AM

Chris Sorensen

Business Reporter

Michael O'Leary, the brash chief executive of European discount airline Ryanair, has put full-service airlines like Air Canada, British Airways and American Airlines on notice by bringing his unique brand of no-frills flying to the busy transatlantic.

In a move that could cause air fares to plummet between Europe and the United States – and possibly Canada – O'Leary said yesterday he's planning to start a new no-frills carrier that would offer tickets for as little as $12 (U.S.) one-way between Europe and North America.

TheStar Article

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