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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

Revenue per passenger in Low cost Airlines: United States of America, 2017 - 2025 (USD)

Industry: Airlines
Current: Market Sizing & Shares

The Revenue per passenger in Low cost Airlines in United States of America, attained a value of 175.07 USD in 2020
The indicator recorded a historical growth (CAGR) of 0.12% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the indicator to grow ...

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Revenue per passenger in Low cost Airlines: United States of America, 2017 - 2025 (USD)

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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

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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 – average revenue per passenger

In terms of LCCs, the US recorded the largest average revenue per passenger in the region. The country’s average revenue increased during the last decade. Canada will continue to record the highest average revenue per passenger in the upcoming years.

During the last decade, Argentina recorded the lowest average revenue. Argentina is expected to continue to record the lowest average revenue per passenger in the Americas region in 2021.

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.