Low Cost Airlines

1906 Words Mar 31st, 2011 8 Pages
1. INTRODUCTION
The Airline Industry has been growing persistently and consistently over the past decade. Central to the globalization taking place in many other countries is the Airline Industry as it facilitates world trade, economic growth, international investment and tourism. It’s growth has generated many new opportunities for the tourism development. The benefits of tourism to the national economies of the countries are being realized by the government of those countries. Because of the companies becoming increasingly international in term of their production, distribution, investment and their customers, business travel has also grown rapidly. Very closely tied to economic growth and trade is the Airline’s Profitability. The air
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The Ryan family further invest in the company and copying the Southwest Airlines low fares model the airline is re-launched under new management as Europe's first low fares airline.
Ryanair and the government have concord for the low-cost airline to base one aircraft in Malta from May. Ryanair is now operating six new routes between Malta and European destinations. The new routes are to Valencia, Bologna, Seville, Billund in Denmark, Krakow in Poland and Marseilles. The number of Malta routes on the Ryanair network are pushed to 19 by the Services. Additional of 13 new routes have also come up by Ryanair from Stockholm Skavsta base to Alicante, Basel, Bratislava, Eindhoven, Baden Baden, Liverpool, Malta, Pisa, Porto, Salzburg, Trapani and Valencia.
Ryanair now manoeuvres 17 new routes. Tony Hallwood, LBIA commercial director, said: “Ryanair is supporting LBIA’s important role as Yorkshire’s international gateway airport and securing over 1,000 new jobs in the region.” Ryanair’s new services to Faro, Ibiza, Malaga, Murcia, Palma and Pisa will compete head-to-head with accessible services bestowed by Leeds/Bradford based low-cost carrier Jet2.com. Ryanair is Europe’s number 1 low-cost airline and it announces 5 new European routes from Rome Ciampino to Dusseldorf Niederrhein (Germany), Valencia(Spain) and Nottingham East Midlands, Liverpool