There is no apparent basis to the Ryanair story. The newspaper article didn't adduce any facts or give any reason to believe that Ryanair might be interested. It essentially said "bmibaby is for sale. We asked Ryanair if they were interested and they said 'no comment.' COULD RYANAIR BE INTERESTED?" Slow news day I fear.
BTW I agree with a previous poster: why would Ryanair bother? They don't need bmibaby. I thought the suggestion of ASL was more plausible. Maybe entirely fictitious
, but at least more plausible.