2007 | OriginalPaper | Buchkapitel
The global phenomenon of “low cost” carrier growth
verfasst von : Adrian von Dörnberg
Erschienen in: Trends and Issues in Global Tourism 2007
Verlag: Springer Berlin Heidelberg
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The airline industry has been witness to increased additional turbulence as a result of the entry of airlines adopting new business models referred to as low cost carriers, no-frills airlines or budget carriers. Whereas some budget carriers, such as Southwest airlines, have been competing in the US market for over 30 years, they have only been flourishing in Europe for the last 10 years and are at an early development stage in Asia Pacific and the rest of the world.