Low Cost Airlines Market Size and Forecast, Key Trends, Company Profiles, 2023-2027

Scope

• Prior to COVID, the global LCC’s revenue was $XX billion in XX, which increased by $XX billion from XX with a CAGR of XX% from XX to XX. Due to the COVID-19 pandemic, the LCC's revenue was negatively impacted due to travel restrictions, with various countries worldwide imposing barriers or lockdowns to reduce the spread of the virus.
• The global LCC load factor in XX was XX%, which was an increase of XX% from XX (XX%). The COVID-19 pandemic had a negative impact on the low-cost carrier market due to travel restrictions imposed by various countries worldwide. In XX, the LCC load factor will reach XX% and XX% in XX. During XX, low-cost airlines grew exponentially worldwide, due to which the load factor has reached XX%.
• During XX, the number of seats sold for leisure purposes in the Americas was XX million, which contributed XX% of the overall Americas LCC’s seats sold, followed by business purposes with a contribution of XX% (XX million).
• The US is the major contributor to the overall LCC revenue in the Americas, with a share of XX% ($XX million) in XX. As per the publisher, it is expected that the overall LCC revenue in the Americas will reach $XX million in XX, and the US is expected to continue its trend of being the major contributor to the overall LCC revenue in the Americas with a share of XX% ($XX million).

Reasons to Buy

• Understand the impact of COVID-19 on this market
• Gauge which are the biggest and most promising regional markets for the low cost airlines market
• Understand the demand-side dynamics within the industry to identify key trends and growth opportunities
• Gain an understanding of the outlook for regional markets and learn from existing successes and our recommendations.