Yes...Ryanair are recruiting. If you are willing to spare circa £20K then that is the biggest hurdle overcome. For low hours applicants you could expect to wait 2 months from IRT to Interview and Sim Check. The plus side is that you will be worked hard and unfreezing your ATPL will not be a problem and they seem to be willing to offer commands in 2-3 years which is also another bonus.
However you are parting with your cash and your are not even secured a job with the company, that is a payment for the type rating course. You are also starting on a salary that is greatly reduced, which does not help if you had taken out a loan for £20K for the course. I have a friend who applied to them and was treated very badly by their HR department while they cancelled interviews and type rating courses at very short notice and this lasted over a year. Maybe I am being far too cynical but I would rather instruct that work for Ryanair!
MG