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...

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Bibliographic Details
Main Author: Mi-Jin Ra
Format: Article
Language:English
Published: Aerospace Medical Association of Korea 2024-03-01
Series:Hanggong uju uihakoeji
Subjects:

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