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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.
Similarly, net profits have increased from €48 million to €339 million over the same period.
In 1986, the company added a second route–flying Dublin to Luton, thus directly competing with the Aer Lingus/British Airways duopoly for the first time.
A loss of €3.3 million in the second quarter of 2004 was the airline's first recorded loss for 15 years but the airline became profitable soon after.
The enlargement of the European Union on opened the way to more new routes for Ryanair.
Flights were scheduled into regional airports, which offered lower landing and handling charges than larger established international airports.
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.
With two routes and two planes, the fledgling airline carried 82,000 passengers in one year.
Ryanair passenger numbers continued to increase, but the airline generally ran at a loss and, by 1991, was in need of restructuring, including the closure of Ryanair Europe/London European.
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