Theoretical Discussion of the Characteristics of Low-Cost Airlines and the Ripple Effects on the Air Transportation Market
Air travel market has changed significantly by the emergence of a lowcost carrier (LCC). The LCCs offer lower fares and fewer frills than the traditional full service carriers (FSCs). The key competitive advantage of the LCCs is their ability to offer significantly lower fares, or at least to cre...
Main Author: | Mi-Jin Ra |
---|---|
Format: | Article |
Language: | English |
Published: |
Aerospace Medical Association of Korea
2024-03-01
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Series: | Hanggong uju uihakoeji |
Subjects: |
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