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 September 2006

                              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- ________




          RYANAIR OFFERS TO BUILD TERMINAL 2 AT NO COST TO DAA
              REMOVES NEED FOR 25% PASSENGER TAX INCREASES

Ryanair,  Europe's largest international airline, today (Tuesday, 26th September
2006)  confirmed  that it had  written to the DAA  offering to build a low cost,
efficient  Terminal 2 at Dublin  Airport at a cost of EUR250  million.  This new
facility  will save the DAA the EUR610  million  they  propose  wasting on their
Terminal  2, as well as saving  the  seven  year old Pier C (which  cost  EUR150
million)  and the  historic  listed  building,  Corballis  House.  Ryanair  also
confirmed  that it would be oppose the DAA's planned  Terminal 2, which is badly
designed, in the wrong location, is five times more expensive than other similar
terminal  facilities in the UK and Europe, and has ballooned in cost from EUR170
million (when first  announced by the DAA in September  2005) to EUR750  million
when the DAA's plans were finally revealed in August 2006.

Ryanair criticised the DAA's record of building wasteful, inefficient, over
priced facilities, which includes:

-    EUR180m on a 3 million passenger terminal at Cork.

-    EUR150m  on  the 7  year  old  Pier C  which  they  now  propose  to  scrap
     altogether.

-    EUR150m on the Terminal One extension which was opened in 2002 and designed
     for  20m.  passengers  but is  patently  unable  to cope  with  20  million
     passengers.

The DAA's proposed T2 location in a cul de sac, on the south side of the airport
is the worst possible  location in the context of the proposed second (Northern)
runway at Dublin  Airport.  This will  cause  severe  congestion  and  delays to
aircraft and long taxi times between the two terminals and the two runways.  The
DAA's T2 design is also nonsensical.  They propose two buildings instead of one,
and a five storey building when only two levels are necessary.

Ryanair today  confirmed that it would oppose the DAA's proposed  Terminal 2. It
will submit  objections at the planning stage to Fingal County Council.  Ryanair
will  also be  opposing  any  attempt  by the DAA to  seek  an  unnecessary  and
unjustified 25% increase in passenger  charges to the CAR.  Ryanair will also be
submitting a complaint to the Competition Authority calling for an investigation
into the  fourfold  increase  in T2 costs,  which  have  risen  from  EUR170m in
September 2005 to EUR750m in August 2006, just eleven months later. Ryanair also
confirmed it will submit a complaint to the European  Commission against the DAA
for abuse of its monopoly  position at Dublin  Airport which has resulted in the
T2 costs  rising  fourfold  even before  planning  has been applied for, and for
forcing  consumers to pay for a second terminal when more than half (20m) of the
passengers at Dublin Airport will never use it.

Speaking  today at Ryanair's  Press  Conference,  Ryanair's CEO Michael  O'Leary
said:

        "The DAA cannot be trusted to build efficient, low cost facilities.
        Having wasted EUR150m. on Pier C in 1998 they now propose to scrap it.
        Having spent a further EUR150m.  extending the Terminal in 2002 "to
        cater for 20 million  passengers"  this Summer's  experience has proven
        that the facilities cannot handle 20 million  passengers.  Having
        announced the second terminal in August 2005 at a cost of EUR170m.
        the DAA have now designed this facility and the costs have exploded
        twelve months later to over  EUR750m.  It makes no sense to build a two
        building  terminal when one building is more than adequate.  It's
        nonsensical to build a five storey building when a two storey building
        will do.

        "These costs increases, and the proposed 25% to 60% increase in
        passenger taxes are a direct result of this Government's breach of its
        promise of an independent second terminal at Dublin Airport. Ryanair has
        offered to build a low cost efficient second terminal at not cost to the
        DAA, and the Ryanair building is in a better location for the second
        runway and is a more passenger friendly design.

        "When there is an alternative T2 proposal which can be built at no cost
        to the DAA, and can be built with no increase in passenger taxes at
        Dublin Airport, Ryanair calls on the Government to ensure that this is
        the facility that is developed at Dublin Airport and to scrap the
        EUR760m. Taj Mahal proposed by the DAA.

        "The DAA wasted EUR300m on Dublin Airport to deliver a facility which
        could handle 20m. passengers, but it plainly failed to do so. They
        wasted a further EUR180m. on a 3m facility in Cork when it could and
        should have been built for one tenth of this sum. Passengers and
        visitors at Dublin Airport should not endure Third World facilities, or
        suffer 25% to 60% cost increases to pay for the waste and incompetence
        of the failed DAA monopoly".


Ends.                            Tuesday, 26th September 2006

For further information
please contact:

                                 Pauline McAlester          Peter Sherrard
                                 Murray Consultants         Ryanair
                                 Tel. +353-1-4980300        Tel. +353-1-8121212

                                 www.ryanair.com


                                   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:  26 September 2006

                                    By:___/s/ James Callaghan____

                                    James Callaghan
                                    Company Secretary & Finance Director