SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 6-K


                        Report of Foreign Private Issuer


                        Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934


                           For the month of May, 2004

                              RYANAIR HOLDINGS PLC
                 (Translation of registrant's name into English)

                      c/o Ryanair Ltd Corporate Head Office
                                 Dublin Airport
                              County Dublin Ireland
                    (Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.

                         Form 20-F..X.. Form 40-F.....


Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.

                               Yes ..... No ..X..


If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- ________






 AER RIANTA INCOMPETENTCY WITNESSED AGAIN - EUR 7 MILLION SPENT ON 'PIER D' AND
                             A NOT A SHOVEL LIFTED.


Ryanair, Europe's No.1 low fares airline, today (Thursday, 27th May 2004) called
on the  Government  to proceed  immediately  with the  planned  break-up  of the
inefficient Aer Rianta monopoly. Aer Rianta monopoly has announced it has wasted
a mind blowing  EUR7million of tax payers money on the planned Pier D when not a
single sod has been turned.

This  latest  evidence  of total  incompetence  comes  hours  after  Aer  Rianta
announced  profit  collapse of 50%,  despite  airport  charges  having  doubled,
car-parking prices tripled,  and passenger numbers more than doubling during the
10 year mismanagement of the current Aer Rianta board by Chairman, Noel Hanlon.

Ryanair's Head of Communications, Paul Fitzsimmons, said:

"Yesterday,  Aer Rianta  announced a write-off of an incredible EUR7 million (of
tax payers money) on the  gold-plated  Pier D plans,  when not a single blade of
grass has been touched.

What exactly was the EUR7 million spend on?

   * Consultants reports?
   * Fancy architects?
   * Engineering meetings?
   * Expensive lunches?
   * Lobbying?
   * Or was it on Noel Hanlon's PR Consultants?

The tax payers of this country are entitled to an explanation and we are calling
on the Department of Transport to immediately  publish detailed  analysis of how
exactly one can  ratchet-up  EUR7 million of tax payers  money  without a single
hole being dug".

Ends.                                   Thursday, 27th May 2004



For reference:

Paul Fitzsimmons - Ryanair              Pauline McAlester - Murray Consultants
Tel: 00-353-1-8121228                   Tel: 00-353-1-4980300




                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                                    RYANAIR HOLDINGS PLC


Date: 27 May 2004
                                    By:___/s/ Howard Millar____

                                    H Millar
                                    Company Secretary & Finance Director