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Low cost airlines are passenger airlines, which offer travelling service tickets at relatively cheaper rate compared to other airlines (full service or traditional airline). Low cost airlines are also known as "no frills airlines," "prizefighters," "low-cost carriers (LCC)," "discount airlines," and "budget airlines." Some of the popular low cost airlines include Ryanair and EasyJet.
Scope of the Report:
The growth of the market is attributed to the rise in economic activity, ease of travel, travel & tourism industry, urbanization, changes in lifestyle, consumers' preference for low cost service along with non-stops, and frequent service, increase in purchasing power of middle class households especially in the developing regions, and high internet penetration coupled with e-literacy. However, factors such as volatile crude oil price and increase in terrorism & crime rate, political uncertainty, & natural calamities hinder the market growth. Conversely, sustainable airport governance, operational & financial improvement is anticipated to leverage the growth of the low cost airlines market.
The global Low Cost Airlines market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Low Cost Airlines.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
This report studies the Low Cost Airlines market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Low Cost Airlines market by product type and applications/end industries.
Market Segment by Companies, this report covers
AirAsia Berhad
Virgin
Norwegian Air Shuttle
EasyJet
Jetstar Airways
WestJet Airlines
Indigo
Azul Linhas Areas Brasileiras
Ryanair Holdings
Air Arabia PJSC
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Leisure Travel
VFR
Business Travel
Others
Market Segment by Applications, can be divided into
Online
Travel Agency
Others
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Low Cost Airlines Market Overview
1.1 Product Overview and Scope of Low Cost Airlines
1.2 Classification of Low Cost Airlines by Types
1.2.1 Global Low Cost Airlines Revenue Comparison by Types (2017-2023)
1.2.2 Global Low Cost Airlines Revenue Market Share by Types in 2017
1.2.3 Leisure Travel
1.2.4 VFR
1.2.5 Business Travel
1.2.6 Others
1.3 Global Low Cost Airlines Market by Application
1.3.1 Global Low Cost Airlines Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Online
1.3.3 Travel Agency
1.3.4 Others
1.4 Global Low Cost Airlines Market by Regions
1.4.1 Global Low Cost Airlines Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Low Cost Airlines Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Low Cost Airlines Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Low Cost Airlines Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Low Cost Airlines Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Low Cost Airlines Status and Prospect (2013-2023)
1.5 Global Market Size of Low Cost Airlines (2013-2023)
2 Manufacturers Profiles
2.1 AirAsia Berhad
2.1.1 Business Overview
2.1.2 Low Cost Airlines Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 AirAsia Berhad Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.2 Virgin
2.2.1 Business Overview
2.2.2 Low Cost Airlines Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Virgin Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.3 Norwegian Air Shuttle
2.3.1 Business Overview
2.3.2 Low Cost Airlines Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Norwegian Air Shuttle Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.4 EasyJet
2.4.1 Business Overview
2.4.2 Low Cost Airlines Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 EasyJet Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.5 Jetstar Airways
2.5.1 Business Overview
2.5.2 Low Cost Airlines Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Jetstar Airways Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.6 WestJet Airlines
2.6.1 Business Overview
2.6.2 Low Cost Airlines Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 WestJet Airlines Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.7 Indigo
2.7.1 Business Overview
2.7.2 Low Cost Airlines Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Indigo Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.8 Azul Linhas Areas Brasileiras
2.8.1 Business Overview
2.8.2 Low Cost Airlines Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Azul Linhas Areas Brasileiras Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.9 Ryanair Holdings
2.9.1 Business Overview
2.9.2 Low Cost Airlines Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Ryanair Holdings Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
2.10 Air Arabia PJSC
2.10.1 Business Overview
2.10.2 Low Cost Airlines Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Air Arabia PJSC Low Cost Airlines Revenue, Gross Margin and Market Share (2016-2017)
3 Global Low Cost Airlines Market Competition, by Players
3.1 Global Low Cost Airlines Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Low Cost Airlines Players Market Share
3.2.2 Top 10 Low Cost Airlines Players Market Share
3.3 Market Competition Trend
4 Global Low Cost Airlines Market Size by Regions
4.1 Global Low Cost Airlines Revenue and Market Share by Regions
4.2 North America Low Cost Airlines Revenue and Growth Rate (2013-2018)
4.3 Europe Low Cost Airlines Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Low Cost Airlines Revenue and Growth Rate (2013-2018)
4.5 South America Low Cost Airlines Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Low Cost Airlines Revenue and Growth Rate (2013-2018)
5 North America Low Cost Airlines Revenue by Countries
5.1 North America Low Cost Airlines Revenue by Countries (2013-2018)
5.2 USA Low Cost Airlines Revenue and Growth Rate (2013-2018)
5.3 Canada Low Cost Airlines Revenue and Growth Rate (2013-2018)
5.4 Mexico Low Cost Airlines Revenue and Growth Rate (2013-2018)
6 Europe Low Cost Airlines Revenue by Countries
6.1 Europe Low Cost Airlines Revenue by Countries (2013-2018)
6.2 Germany Low Cost Airlines Revenue and Growth Rate (2013-2018)
6.3 UK Low Cost Airlines Revenue and Growth Rate (2013-2018)
6.4 France Low Cost Airlines Revenue and Growth Rate (2013-2018)
6.5 Russia Low Cost Airlines Revenue and Growth Rate (2013-2018)
6.6 Italy Low Cost Airlines Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Low Cost Airlines Revenue by Countries
7.1 Asia-Pacific Low Cost Airlines Revenue by Countries (2013-2018)
7.2 China Low Cost Airlines Revenue and Growth Rate (2013-2018)
7.3 Japan Low Cost Airlines Revenue and Growth Rate (2013-2018)
7.4 Korea Low Cost Airlines Revenue and Growth Rate (2013-2018)
7.5 India Low Cost Airlines Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Low Cost Airlines Revenue and Growth Rate (2013-2018)
8 South America Low Cost Airlines Revenue by Countries
8.1 South America Low Cost Airlines Revenue by Countries (2013-2018)
8.2 Brazil Low Cost Airlines Revenue and Growth Rate (2013-2018)
8.3 Argentina Low Cost Airlines Revenue and Growth Rate (2013-2018)
8.4 Colombia Low Cost Airlines Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Low Cost Airlines by Countries
9.1 Middle East and Africa Low Cost Airlines Revenue by Countries (2013-2018)
9.2 Saudi Arabia Low Cost Airlines Revenue and Growth Rate (2013-2018)
9.3 UAE Low Cost Airlines Revenue and Growth Rate (2013-2018)
9.4 Egypt Low Cost Airlines Revenue and Growth Rate (2013-2018)
9.5 Nigeria Low Cost Airlines Revenue and Growth Rate (2013-2018)
9.6 South Africa Low Cost Airlines Revenue and Growth Rate (2013-2018)
10 Global Low Cost Airlines Market Segment by Type
10.1 Global Low Cost Airlines Revenue and Market Share by Type (2013-2018)
10.2 Global Low Cost Airlines Market Forecast by Type (2018-2023)
10.3 Leisure Travel Revenue Growth Rate (2013-2023)
10.4 VFR Revenue Growth Rate (2013-2023)
10.5 Business Travel Revenue Growth Rate (2013-2023)
10.6 Others Revenue Growth Rate (2013-2023)
11 Global Low Cost Airlines Market Segment by Application
11.1 Global Low Cost Airlines Revenue Market Share by Application (2013-2018)
11.2 Low Cost Airlines Market Forecast by Application (2018-2023)
11.3 Online Revenue Growth (2013-2018)
11.4 Travel Agency Revenue Growth (2013-2018)
11.5 Others Revenue Growth (2013-2018)
12 Global Low Cost Airlines Market Size Forecast (2018-2023)
12.1 Global Low Cost Airlines Market Size Forecast (2018-2023)
12.2 Global Low Cost Airlines Market Forecast by Regions (2018-2023)
12.3 North America Low Cost Airlines Revenue Market Forecast (2018-2023)
12.4 Europe Low Cost Airlines Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Low Cost Airlines Revenue Market Forecast (2018-2023)
12.6 South America Low Cost Airlines Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Low Cost Airlines Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Low Cost Airlines Picture
Table Product Specifications of Low Cost Airlines
Table Global Low Cost Airlines and Revenue (Million USD) Market Split by Product Type
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