low-cost airlines – आवारा मुसाफिर

Low-cost airlines will emerge strongly from the pandemic

May 18, 2022568 Views

Rising living costs and increased airfares will lead to passengers, who may traditionally prefer to stay loyal to national flag carriers, booking with low-cost airlines. Ryanair’s plans to increase its capacity to above pre-pandemic levels shows that the low-cost airlines segment will emerge from the pandemic stronger than ever, found GlobalData, a leading data and analytics company. Craig Bradley, Associate Travel & Tourism Analyst at GlobalData, comments: “With the rising fuel costs, air fares are increasing to cover operational overheads. Whilst the low-cost sector is as much affected by these as full-service carriers (FSCs), the typically young age of their aircraft means that many are more fuel efficient, helping to reduce fuel expenses. The low-cost business model is also des...

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Low-cost airlines will lead post-COVID recovery

AWARA MUSAFIR BUREAU

February 22, 2021642 Views

-Low-cost carriers’ aggressive cost-cutting will give them an even larger cost advantage than pre-pandemic.-87% of consumers are ‘extremely’, ‘quite’ or ‘slightly’ concerned about their personal finances, and low-cost carrier’s low fares are well-positioned to meet this need. -Low-cost carrier’s ability to quickly respond to pent up demand will pay off. The low-cost airline model will lead post-COVID recovery and help revitalize demand. Frugal cost-cutting measures taken and operational responsiveness will see these carriers move quickly to absorb pent-up demand and capitalize on any opportunities ahead of other high-cost model airlines, says GlobalData, a leading data and analytics company. The COVID-19 pandemic has amplified consumer concerns around personal finances. Global...