Low Cost Airlines Market Size & Growth Outlook 2024-2030
A low-cost carrier or low-cost airline (abbreviated as LCC) is an airline that operates with an emphasis on reducing reliance and without some of the traditional services and facilities provided in the fare, resulting in lower fares and very few comforts. To compensate for revenue lost due to lower ticket prices, the air carrier may charge additional fees, such as for carry-on baggage. A low-cost carrier or low-cost airline (abbreviated as LCC) is an airline that operates with an emphasis on reducing reliance and without some of the traditional services and facilities provided in the fare, resulting in lower fares and very few comforts. To compensate for revenue lost due to lower ticket prices, the air carrier may charge additional fees, such as for carry-on baggage.
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