The Number of revenue-generating passenger kilometers in Low cost Airlines, attained a global value of 960,648.45 million in 2021
The indicator recorded a historical decline (CAGR) of 26% between 2018 to 2021, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Global Low-Cost Airlines
Key Trends
In terms of seat capacity, the global low-cost carrier (LCC) industry is expanding. Many airlines started operating in Asia-Pacific. The fast growth in Asia-Pacific can be attributed to the fact that it has some of the fastest-growing economies including China and India
The US is the largest market in the world in terms of revenues and seats sold. Spain and the UK held second and third position in terms of seats sold, while Japan was the fastest-growing market at a CAGR of a significant. Switzerland had the highest load factor, followed by France and Mexico. In terms of revenue per passenger, New Zealand was the largest market while China was the fastest-growing market.
Global Low-Cost Airline Company Profiles
Southwest Airlines Co. (Southwest Airlines or 'the company') is a passenger airline that provides scheduled passenger and freight transportation services. The company primarily provides point-to-point, low-fare services throughout the US and near-international markets. Southwest Airlines principally provides point-to-point air transportation services. The company's point-to-point route structure includes services to and from many secondary or downtown airports such as Dallas Love Field, Houston Hobby, Chicago Midway, Baltimore-Washington International, Burbank, Manchester, Oakland, San Jose, Providence, and Ft. Lauderdale-Hollywood.
JetBlue Airways Corporation (JetBlue or 'the company') is a low-cost passenger airline that provides customer service primarily on point-to-point routes. The company primarily operates in the US.
Ryanair Holdings Plc. (Ryanair) is an Irish low-cost scheduled passenger airline that offers short-haul, point-to-point routes mainly in Europe. It operates from its bases to airports across Europe referred to as “Ryanair’s bases.” The company operates these routes between Ireland, the UK, Continental Europe, Morocco, and Israel.
United States of America
United States of America
United States of America
United States of America
Germany
France
United Kingdom
United States of America
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