The low cost phenomenon

dc.contributor.authorEASYJET
dc.contributor.institutionEscola de Ciências Económicas e das Organizações
dc.date.issued2007
dc.descriptionRevista Lusófona de Ciências Aeronáuticas
dc.description.abstractLCC Market Development - In 1996 low cost airlines (LCCs) accounted for only 1.4% of intra-European Union capacity. By the end of 2002, low cost airlines had captured 12% of all intra-EU capacity - Currently LCCs have a 30% market share of scheduled European point-to-point passengers. According to AEA forecasts, the LC market is expected to increase to 43% of European traffic by 2011. - In 2006 140 million passengers were carried by LCCs. - Low-fare airlines have increased their presence from 13% of city pairs in 2003 to 26% in 2007. 96% of new city-pairs between 2005 and 2007 were added by LCCs. - The United Kingdom still sees the highest number of low-cost flights, followed by Spain, which has been making up a lot of ground over the last year. This is followed by Italy and Germany with slightly fewer flights. These four countries contribute to roughly three quarters of low-cost departures. France is fifth in this list with only 5% of LC flights. - easyJet and Ryanair continue to be the biggest players in the European LCC market accounting for about 40% of all LCC capacity. The top two are followed by Airberlin, which contributes another 10% leaving three carriers in control of half the European low-cost market.pt
dc.formatapplication/pdf
dc.identifier.citationEASYJET 2007, 'The low cost phenomenon', Revista Lusófona de Ciências Aeronáuticas.
dc.language.isoeng
dc.peerreviewedno
dc.publisherEdições Universitárias Lusófonas
dc.relation.ispartofRevista Lusófona de Ciências Aeronáuticas
dc.rightsopenAccess
dc.subjectTRANSPORTES AÉREOS
dc.subjectINDÚSTRIA AÉREA
dc.subjectCOMPANHIAS AÉREAS
dc.subjectAIR TRANSPORT
dc.subjectAIRLINE INDUSTRY
dc.subjectAIRLINES
dc.titleThe low cost phenomenonen
dc.typearticle

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