Ryanair founders join Mexican low-cost airline

“The Ryan family, founders of Europe’s biggest low-cost airline, has teamed up with one of Mexico’s largest bus companies to launch a new, no-frills air carrier targeting travelers with families in the United States.

The Ryan family, which founded Ireland’s Ryanair (RYA.I: Quote, Profile, Research), said it had linked with bus company IAMSA to create a company whose commercial name is still being decided.”

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