Discount airlines, also called no-frills carriers or low cost carriers (LCC), are airlines that offer cheap flights.
The existence of a low-cost carrier is a more important determinant of the competitiveness of a particular route than the extent of route and hub concentration on that route.
An understanding of the significance of the low-cost carrier requires insight into what constitutes it to be an airline that operates a point-to-point network, pays employees below the industry average earnings and offers no add-on services.
The emerging significance of this low-cost carrier may indicate a shift in the structure of the airline market away from hub-and-spoke networks towards point-to- point networks.
A low-cost carrier lowers prices at the low end, medium and high-end of ticket prices in all market segments.
In other words, this new kind of air carrier disciplines market prices at any price point within a given market.
The increase impact of the low-cost carrier across price points, suggests that the airline market is growing day by day.
Referral discounts, are discounted airlines which quite often tie up with local transport and hotel groups who offer significant discounts if you book through some discount airline reference.
As always, it pays to use the internet to do some comparison shopping, but often you will be able to get a discounted car-rental, train ticket or hotel room by clicking on the links after you have purchased your flight.
The hitch is that many of these discounted prices are very inflexible, non-refundable and require payment in advance.
Low-budget airlines have succeeded in taking over a large part of the market.
No doubt they present a lot of advantages but they also have drawbacks - especially for the design, manufacture, use, or operation of aircraft.
A disadvantage with many of these is that you are restricted to certain dates and times for travel while booking a ticket.
Sometimes airlines sell discounted tickets as promotional deals or special offers; however, these are also likely to be subject to certain conditions.
A "no frills" airline usually offers just the one class of service - no business class!
The existence of a low-cost carrier is a more important determinant of the competitiveness of a particular route than the extent of route and hub concentration on that route.
An understanding of the significance of the low-cost carrier requires insight into what constitutes it to be an airline that operates a point-to-point network, pays employees below the industry average earnings and offers no add-on services.
The emerging significance of this low-cost carrier may indicate a shift in the structure of the airline market away from hub-and-spoke networks towards point-to- point networks.
A low-cost carrier lowers prices at the low end, medium and high-end of ticket prices in all market segments.
In other words, this new kind of air carrier disciplines market prices at any price point within a given market.
The increase impact of the low-cost carrier across price points, suggests that the airline market is growing day by day.
Referral discounts, are discounted airlines which quite often tie up with local transport and hotel groups who offer significant discounts if you book through some discount airline reference.
As always, it pays to use the internet to do some comparison shopping, but often you will be able to get a discounted car-rental, train ticket or hotel room by clicking on the links after you have purchased your flight.
The hitch is that many of these discounted prices are very inflexible, non-refundable and require payment in advance.
Low-budget airlines have succeeded in taking over a large part of the market.
No doubt they present a lot of advantages but they also have drawbacks - especially for the design, manufacture, use, or operation of aircraft.
A disadvantage with many of these is that you are restricted to certain dates and times for travel while booking a ticket.
Sometimes airlines sell discounted tickets as promotional deals or special offers; however, these are also likely to be subject to certain conditions.
A "no frills" airline usually offers just the one class of service - no business class!
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