Ryanair to list on Nasdaq

Ryanair is to be listed on the Nasdaq stock exchange from the opening of trade tomorrow morning.

Ryanair is to be listed on the Nasdaq stock exchange from the opening of trade tomorrow morning.

The airline's chief financial officer, Howard Millar, said: "This listing will bring greater visibility and wider appeal to both institutional and private investors worldwide."

Ryanair Holdings currently has a total market capitalisation of $12.3 billion. Some $5.6 billion of this is traded on the Nasdaq Securities Exchange.

The carrier is planning to operate some 134 Boeing 737-800 aircraft by March 2007, which will carry 42 million passengers each year.

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The fleet will be expanded to include a further 147 aircraft as part of Ryanair's bid to double passenger numbers to 84 million in 2012.