World Low Cost Airlines Market Overview 2020: How Leading Players Can Better Meet Customer Needs

04/11/2020 12:00

DUBLIN, Nov. 4, 2020 /PRNewswire/ -- The "Global Low Cost Airlines Market - Market Overview and Insights for Low-Cost Airlines to 2024" report has been added to ResearchAndMarkets.com's offering.

The Low-Cost Airline Market report provides in-depth analysis of the key market trends that are shaping the future of this segment and an analysis of the low-cost airline market globally. Detailed market insight is provided on the Americas, Asia-Pacific, Middle East & Africa, and Europe. It also features profiles of some of the segment's leading players and looks at how companies can better meet their customers' needs.

Key Highlights

The ban on air travel for several months on both domestic and international flights severely impacted the aviation industry in 2020. Restrictions have been lifted in a phased manner, yet many customers still refrain from traveling unless it is absolutely necessary.
Business travel is anticipated to take longer to recover than VFR and leisure. Travelers may still choose to fly for personal reasons post-pandemic. Companies on the other hand are likely to reduce their budgets for business travel saving costs, instead utilizing technology for meetings, etc.
United States (US) continues to hold its top spot in terms of seats sold in the world, followed by Spain and the UK. The increase in the number of seats sold is primarily attributed to the expansion of ultra low-cost carriers such as Spirit and Allegiant.
COVID-19 has caused colossal damage for the entire aviation industry, but low-cost airlines may be in a better position in comparison to full-service carriers. LCC's generally over more short-haul routes including domestic travel.

Scope

The report provides in-depth analysis of the key market trends that are shaping the future of this segment and an analysis of the low-cost airline market globally. Detailed market insight is provided on the Americas, Asia-Pacific, Middle East & Africa, and Europe.
It also features profiles of some of the segment's leading players and looks at how companies can better meet their customers' needs.

Key report benefits:

Understand the impact of COVID-19 on this market
Gauge which are the biggest and most promising regional markets for LCC market
Understand the demand-side dynamics within the industry to identify key trends and growth opportunities
Gain an understanding of the outlook for regional markets and learn from existing successes and recommendations

Key Topics Covered:

Snapshot

Key Trends
Deals

Key Insights

Americas
Asia-Pacific
Europe
Africa and Middle East
Outlook

Company Profiles

Southwest Airlines
Ryanair Holdings
easyJet
AirAsia
Indigo Airlines

Appendix

List of Figures

Figure 1: Top LCC Markets in 2019, number of seats sold (million)
Figure 2: Top five Americas markets: Number of seats sold, LCC (million)
Figure 3: Number of seats sold in Mexico's LCC market
Figure 4: Top five Asia-Pacific markets: Number of seats sold, LCC (million)
Figure 5: Number of seats sold in South Korea (million)
Figure 6: Top five Europe markets: Number of seats sold, LCC (million)
Figure 7: Top five Europe markets: Load factor (%), LCC
Figure 8: Top five Middle East & Africa markets: Number of seats sold, LCC (million)
Figure 9: Top five Middle East & Africa markets: load factor (%), LCC
Figure 10: Top 10 LCC markets by total number of seats sold, 2019 versus 2024 (million)

For more information about this report visit https://www.researchandmarkets.com/r/xs75fe

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