Ryanair reasserts its plans to launch transatlantic flights. But what are its plans exactly?

The Financial Times today reports that the board of Ryanair has given approval for the airline to launch transatlantic flights. The story has been picked up by Fortune.

This has been an oft repeated ambition of Ryanair, with Michael O’Leary notoriously promising “beds and blowjobs” for premium passengers.

Now it seems that Ryanair wants to follow in the footsteps of Norwegian and Lufthana’s Eurowings and launch low cost long-haul flights.

But what are its plans exactly?

Update 19 March: Ryanair has now confirmed, this time through an announcement to the stock exchange that it has no intention to launch a transatlantic airline.

Here’s what we know from the FT article:
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