This paper looks at the profitability of low cost carriers in Europe and discusses their possible growth in the future.
Written in 2008; 5,088 words; 9 sources; APA; $ 127.95
Paper Summary:
In this paper, the writer examines whether low cost carriers in Europe will still be profitable in the future or if upcoming new trends, laws or other restrictions will make the demand for low cost carriers decrease. The writer first presents significant literature which is related to the airline industry with an emphasis on low cost carriers in terms of performance and profitability. The writer then analyzes the performance of European low cost carriers in the past and predicts possible outcomes or signs which could lead to a change. Further, the writer provides realistic recommendations to academia and the airline and tourism industry in order to examine whether the concept of low cost carriers still fits in the present time. This study concludes that the low-cost carrier industry in Europe has not yet realized its full potential and that this industry is one that can expect growth and sustainability in the years to come.
Table of Contents:
Abstract
Chapter One
Purpose of the Study
Objectives of the Study
Background of the Study
Low Cost Carriers: Characteristics
Chapter Two
Literature Review
Chapter Three
Findings of the Study
Conclusions
Recommendations
Bibliography
From the Paper:
"Benefits and positive impacts of low-cost carriers are stated to include: 1. Regional airports become autonomous and viable against downward economic trends and the attitude of airline monopolies and national carriers, who have deserted these airports without any further consideration: Underused airports can be used again which, in turn, leads to a reduction of air congestion (air traffic is no longer concentrated on major hubs) and an improvement of air safety; 2. Dependence on national carriers can be avoided: low-cost carriers challenge the monopolies of big national companies and competitiveness increases; 3. Peripheral regions can find solutions to their isolation: low-cost airlines contribute to the setting up of a new concept of transport that permits accessibility to many regions in Europe, including rural and peripheral areas; 4. The use of aircrafts is no longer the privilege of a few ... "
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