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Major airlines are taking on the biggest threat to their business — and it’s great for consumers

Airbus A330 Level

  • Low-cost carriers accounted for 28% of all passengers traffic in 2016. It’s a percentage that’s still growing.
  • The rise of low-cost carriers has disrupted an industry traditionally dominated by major legacy carriers.
  • These major airlines are now fighting back with low-cost options of their own.
  • The availability of more low-cost flights is ultimately better for the consumer.

Over the past two decades, low-cost carriers have turned the airline industry upside down. In 2016, the purveyors of cheap, no-frills flying accounted for 28% of all passenger traffic around the world. That’s up 10% since 2014.

Low-cost airlines have transformed the way people fly in read more >>>

Source : BusinessInsider.Com





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