Market Share of Low-Cost Carrier (LCC) Industry
Some prominent players in the low-cost carrier market include Indigo, Southwest Airlines Co, SpiceJet Ltd, Spirit Airlines, and Easy Jet Plc, among others. The market is fragmented, and several domestic, regional, and global players are operating in it who continuously strive to gain a significant overall market share. These companies have expanded their presence in various regions to provide flexible travel options, which enables the low-cost carrier industry to carry out its operations effectively and efficiently. With the growth in aviation operations worldwide, it is expected that various players will form new partnerships and alliances to gain a competitive advantage in the market and cater to the needs of their customers as the market demand improves.
Low Cost Carrier (LCC) Market Leaders
Indigo
Southwest Airlines Co
Spicejet Ltd
Spirit Airlines
Easy Jet Plc
*Disclaimer: Major Players sorted in no particular order