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Low Cost Airlines Market Analysis by Top Key Players Airasia Inc., Virgin America, Norwegian Air Shuttle As, easyJet plc, Jetstar Airways Pty Ltd., WestJet Airlines Ltd., Indigo LLC.

01-30-2019 09:36 AM CET | Logistics & Transport

Press release from: Big Market Research

Low Cost Airlines

Low Cost Airlines

Low cost airlines are passenger airlines, which offer travelling service tickets at relatively cheaper rate compared to other airlines (full service or traditional airline). Low cost airlines are also known as no frills airlines, prizefighters, low-cost carriers (LCC), discount airlines, and budget airlines. Some of the popular low cost airlines include Ryanair and EasyJet.

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The Low Cost Airlines Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels.

By Market Players: Airasia Inc., Virgin America, Norwegian Air Shuttle As, easyJet plc, Jetstar Airways Pty Ltd., WestJet Airlines Ltd., Indigo, LLC, , Azul Linhas Aéreas Brasileiras S.A. (Azul Brazilian Airlines), Ryanair Holdings plc, Air Arabia PJSC.

This report focuses on the Low Cost Airlines in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

In 2016, the global scheduled airline passenger was estimated to be 3.8 billion; and around 28% of these passengers were carried by low cost airlines. However, the distribution/penetration of low cost airlines is equally distributed. For instance, in Latvia, Europe, around 80% of the passengers are flown by low-cost carriers; whereas, in Africa, nearly half of the countries have no low cost airline service.

The growth of the market is attributed to the rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumers’ preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy.

The global low cost airlines market is segmented based on purpose, destination, and distribution channel. Based on purpose, the market is divided by the type of travelers availing the service, such as, leisure travel, VFR, business travel, and others. Based on destination, it is categorized into domestic and international. By distribution channel, it is classified into various mode of availing the tickets for the service, such as online, travel agency, and others.

KEY MARKET BENEFITS FOR STAKEHOLDERS:
• This report provides an in-depth analysis of the global low cost airlines market to identify the potential investment pockets.
• It outlines the current trends and future scenarios to determine the low cost airlines market potential and gain stronger market foothold.
• Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
• Quantitative analysis of the low cost airlines industry from 2017 to 2023 is highlighted to recognize the financial competency of the market.
• Porter’s Five Forces model illustrates the threat of new entrants, threat of substitutes, and strength of the buyers & suppliers.

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Table of Content
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY MARKET BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. SNAPSHOT
2.2. CXO PRESPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINATION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top impacting factors
3.2.3. Top winning strategies
3.3. PORTER'S FIVE FORCE ANALYSIS
3.4. MARKET PLAYER POSITIONING, 2016
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Economic growth
3.5.1.2. Development of the global travel & tourism industry
3.5.1.3. Urbanization coupled with population
3.5.1.4. Internet penetration
3.5.2. Restraints
3.5.2.1. Volatile crude oil price
3.5.2.2. Increase in terrorism & crime rate, political uncertainty, & natural calamities
3.5.3. Opportunities
3.5.3.1. Transparent airport regulations
3.5.3.2. Infrastructural investment
3.5.3.3. Operational & financial improvement
3.5.4. Challenge
3.5.4.1. High investment & operational cost but low profitability
CHAPTER 4: LOW COST AIRLINES MARKET, BY PURPOSE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. LEISURE TRAVEL
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast by region
4.2.3. Market size and forecast by country
4.3. VFR
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast by region
4.3.3. Market size and forecast by country
4.4. BUSINESS TRAVEL
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast by region
4.4.3. Market size and forecast by country
4.5. OTHERS
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast by region
4.5.3. Market size and forecast by country

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