ABSTRACT
Low-cost carriers (LCCs) are one of the most significant developments in air transport in recent years. With their innovative business model they have reduced both the fares and levels of service on routes. At the same time, they have increased the number of people who have access to air travel and greatly increased the range of airports available for holiday travel. Yet the jury is out as to whether LCCs are a true revolutionary concept or simply an evolutionary development in air transport. On completion of this case you will:
Understand the history of LCCs.
Be aware of the significance of LCCs in transforming patterns of tourism.
Recognise the characteristics of the ILCC business model.
Understand the difference between LCCs and full service airlines (FSAs).
Be aware of a range of issues surrounding the LCC concept.
