Low-Cost Carriers – Business Model Development

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Date

2015

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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.

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Keywords

Low-cost carriers, business model, unit costs, unit revenues

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