The Evolution of The Low-Cost Airline Business Model

Low-cost carriers have proven to be fierce, resilient airlines that have found massive success across the world, particularly in the United States. Annually, millions of passengers take advantage of the low fares and affordable travel opportunities these airlines offer. However, despite their success, the low-cost business model that is dominant in today’s marketplace contrasts with the strategy low-cost pioneers utilized when first introducing their product to America. (aeroxplorer.com) Altro...