Low-Cost Carriers – Business Model Development
Date
2015
Authors
Kazda, Antonín
Mrázová, Mária
Journal Title
Journal ISSN
Volume Title
Publisher
University of Zilina
Lang
en
Abstract
This paper deals with low-cost airline business model that has overwhelmingly been the favoured mode of the
airline. Fast-changing aviation industry forces low-cost carriers to transform their initial business model and therefore, author
stresses further opportunities for the expansion of these models to another direction with more concentration on customer
´s needs as well as company´s operational and financial benefits. One of the most important partial results is analysis
of existing low-cost carrier’s business models, describe their historical evolution and propose future modifications to stay
competitive and profitable.
Description
Keywords
Low-cost carriers, business model, unit costs, unit revenues