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Global Low-Cost Carrier Market 2015-2019

Global Low-Cost Carrier Market 2015-2019

About Low Cost Carriers

LCCs also known as no-frills or budget carriers are the airlines that offer economical airfares. They maintain efficiency and lean operating costs through various measures such as flight operations from secondary airports, standard fleet of similar aircraft, fast turnaround times, distribution through direct channels, and strict cost cutting measures.

TechNavio's analysts forecast the Global Low Cost Carrier market to grow at a CAGR of 10.42 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Low Cost Carrier market for the period 2015-2019. It presents a global overview of the market as well as the market shares and growth prospects of the key regions. To calculate the market size, the report considers the available seat capacity of the global low cost carriers. This report also provides the market share of major LCCs in terms of available seat capacity. It also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market and also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

TechNavio's report, the Global Low Cost Carrier Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region. The report also includes a discussion of the key vendors operating in this market.

Key Regions

  • Americas
  • APAC
  • EMEA
Key Vendors
  • easyJet
  • JetBlue Airways
  • Ryanair
  • Southwest Airlines
Other Prominent Vendors
  • AirAsia
  • Azul (Azul Linhas Aéreas Brasileiras)
  • Cebu Pacific Air
  • Flydubai
  • GoAir
  • GOL (Gol Transportes Aéreos)
  • Indigo
  • Jet Lite Limited
  • Jetstar Airways
  • Lion Air
  • Norwegian Air Shuttle
  • Pegasus Airlines
  • Royal Air Maroc
  • SpiceJet
  • Thai AirAsia
  • Tigerair
  • Virgin Australia
  • WestJet Airlines
  • Wizz Air
Market Driver
  • Change in Air Travel Demand
  • For a full, detailed list, view our report
Market Challenge
  • Economic Uncertainty
  • For a full, detailed list, view our report
Market Trend
  • Ancillary Revenue
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

TechNavio Announces the Publication of its Research Report – Global Low Cost Carrier Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Low Cost Carrier Market: EasyJet, JetBlue Airways, Ryanair and Southwest Airlines.

Other Prominent Vendors in the market are: AirAsia, Azul (Azul Linhas Aéreas Brasileiras), Cebu Pacific Air, Flydubai, GoAir, GOL (Gol Transportes Aéreos), Indigo, Jet Lite Limited, Jetstar Airways, Lion Air, Norwegian Air Shuttle, Pegasus Airlines, Royal Air Maroc, SpiceJet, Thai AirAsia, Tigerair, Virgin Australia, WestJet Airlines and Wizz Air.

Commenting on the report, an analyst from TechNavio’s team said: “The launch of fuel efficiency initiatives is a major trend in the market. These initiatives help in reducing fuel costs and increase the operating efficiency of an airline. LCCs have been a force behind the large number of orders for new aircraft and the implementation of several fuel-efficient measures.”

According to the report, low airfares have been one of the significant competitive advantages of LCCs, when it comes to competing with full service carriers. It has enabled LCCs to grab market share from FSCs and has extensively helped in the growth of the Global Low-cost Carrier market.

Further, the report states that one of the major challenges faced by the market is that LCCs are vulnerable to economic uncertainties. This is primarily because of their low-fare business model and dependence on the Price-conscious Passenger segment. The slowdown in economic growth might affect the growth of the LCC market.

Companies Mentioned

easyJet, JetBlue Airways, Ryanair, Southwest Airlines, AirAsia, Azul (Azul Linhas Aéreas Brasileiras), Cebu Pacific Air, Flydubai, GoAir, GOL (Gol Transportes Aéreos), Indigo, Jet Lite Limited, Jetstar Airways, Lion Air, Norwegian Air Shuttle, Pegasus Airlines, Royal Air Maroc,SpiceJet, Thai AirAsia, Tigerair, Virgin Australia, WestJet Airlines, Wizz Air

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
      • Table Low-cost Carriers based on Services Offered
    • Service Offerings
      • Low-cost Carriers
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table Overview of Services Provided by LCCs
      • Table Characteristics of LCCs
    • Market Size and Forecast
      • Table Global Low-cost Carrier Market 2014-2019 (million seats)
    • Five Forces Analysis
  • Geographical Segmentation
    • Global Low-cost Carrier Market by Geography
      • Table Global Low-cost Carrier Market by Geography 2014 and 2019
    • Low-cost Carrier Market in Americas
      • Market Size and Forecast
        • Table Low-cost Carrier Market in Americas 2014-2019 (million seats)
    • Low-cost Carrier Market in APAC Region
      • Market Size and Forecast
        • Table Low-cost Carrier Market in APAC Region 2014-2019 (million seats)
    • Low-cost Carrier Market in EMEA Region
      • Market Size and Forecast
        • Table Low-cost Carrier Market in EMEA Region 2014-2019 (million seats)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Fuel Efficiency Initiatives of LCCs
    • Table Sources of Ancillary Revenue for LCCs
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Table Key Vendors in the Global Low-cost Carrier Market
      • Key News
    • Market Share of LCCs in Global Low-cost Carrier Market
      • Global Market Share of LCCs
        • Table Global Market Share of LCCs 2014
        • Table Market Share of Major LCCs 2014
      • Other Prominent Low-cost Carriers
  • Key Vendor Analysis
    • easyJet
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table easyJet: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table easyJet: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table easyJet: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • JetBlue Airways
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table JetBlue Airways: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table JetBlue Airways: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table JetBlue Airways: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Ryanair
      • Key Facts
      • Business Overview
      • Geographical Segmentation by Revenue 2013
        • Table Ryanair: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Southwest Airline
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Southwest Airlines: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Southwest Airlines: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Southwest Airlines: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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