Ryanair's new Porto base opened officially in the presence of the Portuguese Prime Minister, Eng. José Socrates and Michael O'Leary, Chieftain-in-chief of Ryanair!
Parlamentoglobal.pt has a video report here:
http://www.parlamentoglobal.pt/parlamentoglobal/multimedia/video/2009/9/3/030909+socrates+ryanair.htm
Interestingly, O'Leary specifically mentioned in the above interview the possibility of future bases in Faro and possibly Lisbon.
Here is the videonews link from RTP 1, the State Portuguese Channel (Interview with O'Leary in English):
Let's see?