Global Low-Cost Airline Market To 2018

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The report provides detailed market analysis, information and insights, including:

Historic and forecast revenue of global low-cost airlines market covering 40 countries.
Detailed regionwise (Americas, Asia-Pacific, Europe, Middle East & Africa) analysis of low-cost airlines ' key performance indicators such as the number of seats available and seats sold, load factor, average revenue per passenger, total revenues, revenue generating passenger kilometers and passenger kilometers available for the review (2009-2013) and forecast (2014-2018) periods.
Brief analysis of global low-cost airlines market and the present scenario.
Detailed analysis of the markets trends in key low-cost airlines’ markets.

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Consequently, low-cost carriers (LCCs) recorded growth during the review period.
The growing popularity of LCCs has led many full-service airlines to launch subsidiaries offering flight options with limited services. For example, China Eastern Airlines announced the launch of China United Airlines in July 2014 and in July 2013, Air Canada launched its LCC, Air Canada Rogue.
The North American airline market recorded slow growth during the review period (2009−2013) in comparison to the developing Asia-Pacific and Latin American markets. According to the International Civil Aviation Organization (ICAO), the region’s air traffic increased at rate of 1.3% in 2012 and 2.1% in 2013. Growth is expected to continue at a rate of 2.7% in 2014. The IATA expects the profit of airlines in North America to increase from US$7.0 billion in 2013 to US$9.2 billion in 2014.
Boeing’s Current Market Outlook 2014 report stated that North America holds a 27% share and Latin America held a 33% share of the total seat capacity of LCCs in 2013.
One of the key reasons for high growth rate of LCCs in the Asia-Pacific region is the emergence of a rapidly expanding middle-class population and greater levels of disposable income. Another factor is the establishment of LCC subsidiaries by full-service airlines.
During the
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