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With two routes and two planes, the fledgling airline carried 82,000 passengers in one year.

Ryanair has grown from a small airline flying the short journey from Waterford to London into Europe's largest carrier.

Ryanair now has over 11,000 people working for the company, most of whom are employed and contracted by multiple agencies to fly on Ryanair aircraft, or, as is the case for pilots, the vast majority are either agency employed or self-employed and their services are contracted to Ryanair.

After a successful flotation on the Dublin Stock Exchange and the NASDAQ Stock exchanges, the airline launched services to Stockholm, Sandefjord Airport, Torp (110 km south of Oslo), Beauvais–Tillé and Charleroi near Brussels.

The airline launched its website in 2000, with online booking initially said to be a small and unimportant part of the software supporting the site.

By 1995, after the consistent pursuit of its low-cost business model, Ryanair celebrated its 10th birthday by carrying 2.25 million passengers.

In 1992, the European Union's deregulation of the air industry in Europe gave carriers from one EU country the right to operate scheduled services between other EU states and represented a major opportunity for Ryanair.

Ryanair launched a new base of operation in Charleroi Airport in 2001.

Later that year, the airline ordered 155 new 737-800 aircraft from Boeing at what was believed to be a substantial discount, to be delivered over eight years from 2002 to 2010.

O´Leary was charged with the task of making the airline profitable.

O'Leary quickly decided that the key to profitability was low fares, quick turn-around times for aircraft, "no frills" and no business class, as well as operating a single model of aircraft.

Increasingly the online booking contributed to the aim of cutting flight prices by selling directly to passengers and excluding the costs imposed by travel agents.