Ryanair has backtracked on plans to develop a cheap flights to America- just days after it said it had received approval from the board.
On Monday, the budget airline had announced plans to run transatlantic services between key European cities and the US with one-way tickets costing from as little as £10.
But today, bosses have been forced to admit the carrier is not about to move into long-haul flights.
‘In the light of recent press coverage, the Board of Ryanair Holdings plc wishes to clarify that it has not considered or approved any transatlantic project and does not intend to do so.’
The sudden U-turn came after Ryanair unveiled its plan to operate budget flights to the US within five years.