Budget Carrier Vows New York-London for $13

Air fares as low as $13 across the Atlantic are being promised as Ryanair, Europe’s biggest low-cost carrier, challenges the major players—British Airways and Virgin Atlantic—to a price war. Other budget airlines, like Southwest and JetBlue, are expected to jump into the fray, the London Times reports.

The new “open skies” agreement, which lifts restrictions on which routes airlines may fly, will revolutionize transatlantic travel, the Times predicts. Thursday, Ryanair unveiled plans to fly to London Baltimore, Rhode Island and New York, with some seats on some flights costing less than the fare to the airport. Seats increase in price as they get filled. (More airline stories.)