Overview

Low-Cost Carriers (LCCs) are no longer a niche segment - they now account for around one-third of global air travel capacity. But what exactly lies behind this airline model that has fundamentally transformed commercial aviation? Terms like budget airlines, low-fare airlines, no-frills carriers, or ultra low-cost carriers are often used interchangeably, though the differences can be subtle. What all have in common is the goal of keeping operational costs as low as possible through lean structures and the avoidance of expensive ancillary services. This allows for low ticket prices, while additional revenue is generated through onboard sales, baggage fees, seat reservations, or services like hotel and transfer bookings. Many traditional network carriers have tried to replicate this model - with varying degrees of success. Out of this emerged the concept of the hybrid carrier, combining elements of low-cost and full-service network airlines. This book presents over 250 airlines that have implemented the low-cost model in various forms - from globally recognized names such as Ryanair, Southwest Airlines, and AirAsia to lesser-known carriers like Arajet, Flair Airlines, FlyOne, V Bird, VietJet Air, Air Busan, and Jambojet. It provides an insightful look behind the scenes of an industry where disruptive business models have not only reshaped ticket pricing but also significantly influenced the strategies of established legacy carriers. The book reveals which so-called low-cost airlines truly operate as low-cost carriers. It is aimed at professionals in the aviation industry as well as aviation enthusiasts. With this work, Dieter J. F. Haselsteiner publishes his fifth book on commercial aviation. His previous publications include All You Need to Know About European Airports, Remote, Small but Essential, Low-Fare Carriers and Their Contribution to the Development of Eastern Europe, and Europe's Airports in Focus. For current blog posts by the author, visit: www.dieterhaselsteiner.at

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