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Explore the latest trends and actionable insights on the Low Cost Airlines market to inform business strategy and pinpoint opportunities and risks

Number of seats available in Low cost Airlines: United States of America, 2017 - 2025 (Thousand)

Industry: Airlines
Current: Other Industry Indicators

The Number of seats available in Low cost Airlines in United States of America, attained a value of 199,270.77 Thousand in 2020
The indicator recorded a historical decline (CAGR) of 13% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the indicator to grow ...

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Number of seats available in Low cost Airlines: United States of America, 2017 - 2025 (Thousand)

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Global Low-cost airline market

Key trends

The US is the largest market in the world in terms of revenues and seats sold. Spain and the UK held second and third positions in terms of seats sold, while Japan was the fastest-growing market
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 during the period

LCCs are increasingly gaining a foothold in the global aviation industry and their growth is not driven only by leisure customers. Today, LCCs are also adding direct flights to business destinations. For instance, Wizz Air and Ryanair run flights from London to Vilnius, the economic hub of Lithuania and one of the biggest financial centers of the Baltic States
LCCs in general do not add anything extra, which increases the cost, however, the trend is changing. For instance, flydubai offers free meals on flights from Prague to Dubai

The Americas – seats available on low-cost airlines

In terms of the number of LCC seats available, the US was the largest country in the Americas region, accounting for a significant number of seats in terms of millions over the years. Over the upcoming period, the US will continue to hold the highest position, with a significant number of seats in terms of millions in upcoming years
Tough conditions following the financial crisis have led to declines in airline capacity in Argentina. Consequently, Argentina reported the lowest growth

Peru recorded the region’s highest growth rate in terms of the number of seats available. Mexico is expected to register the highest growth

Global Low-cost airline company profile

Southwest Airlines Co.

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. It is based in Dallas and Texas.

The company is a low-fare passenger airline that provides scheduled air transportation in the US and near-international markets. The company also specializes in the provision of air freight services.

JetBlue Airways Corporation

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. It is based in Long Island City and New York.

Ryanair Holdings Plc

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.