The global low cost airlines market size reached US$ 189.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 315.4 Billion by 2028, exhibiting growth rate (CAGR) of 8.7% during 2023-2028. More info:- https://www.imarcgroup.com/low-cost-airlines-market

1. Global Low Cost
Airlines Market
Research and Forecast
Report 2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled " Low Cost Airlines
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028," the global low cost airlines market size reached US$
189.1 Billion in 2022.
Low cost airlines, also known as no-frills carriers or budget airlines, provide
fewer amenities for a short haul than conventional full-service airlines. They
charge separately for each item, such as prior boarding, food, beverages,
carry-on baggage, and car rental services, to generate non-ticket revenues.
In addition to this, low cost airlines also use single-type aircraft with little
equipment to minimize acquisition, weight, and maintenance costs while
enhancing fuel efficiency. They operate at less crowded secondary airports to
lessen air traffic, airport fees, delays, and ground time between flights.
Request for a PDF sample of this report: https://www.imarcgroup.com/low-
cost-airlines-market/requestsample

4. Report Description
Global Low Cost Airlines Market Trends:
The expanding travel and tourism industry is primarily driving the low cost airlines market. Additionally, key
market players are focusing on providing discounted fares for early reservations while enhancing passenger
connectivity, which is further catalyzing the market growth. Besides this, the increasing adoption of ticketless
travel and the rising internet penetration are acting as significant growth-inducing factors. Moreover, the leading
airline companies also offer tickets directly via the telephone and eliminate the role of third-party agencies, which
minimizes the cost of transactions and services.
Apart from this, the inflating popularity of low cost airlines, as they operate via point-to-point nonstop flights that
help in reducing travel time and enabling better aircraft utilization, extensive investments in R&D activities, and
the implementation of stringent regulations by government bodies to minimize carbon emissions are positively
influencing the global market. Furthermore, business travelers are focusing on reducing travel time and costs,
which is projected to fuel the low cost airlines market in the coming years.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/low-cost-airlines-market

5. Report
Segmentation
Breakup by Purpose:
• Leisure Travel
• VFR
• Business Travel
• Others
Breakup by Distribution Channel:
• Online
• Travel Agency
• Others

6. Report
Segmentation
Breakup by Destination:
• Domestic
• International
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• Air Arabia PJSC
• Alaska Airlines Inc.
• Capital A Berhad (Tune Group Sdn Bhd)
• EasyJet plc
• Go Airlines (Wadia Group)
• IndiGo
• Jetstar Airways Pty Ltd (Qantas Airways Limited)
• Norwegian Air Shuttle ASA
• Ryanair Holdings PLC
• Southwest Airlines Co.
• SpiceJet Limited
• Spirit Airlines Inc.
• WestJet Airlines Ltd.

8. Key Questions
Answered in
the Report
What was the size of the global low cost
airlines market in 2022?
What is the expected growth rate of the global
low cost airlines market during 2023-2028?
What has been the impact of COVID-19 on the
global low cost airlines market?
What are the key factors driving the global low
cost airlines market?
What is the breakup of the global low cost
airlines market based on the purpose?
What is the breakup of the global low cost
airlines market based on the destination?
What are the key regions in the global low cost
airlines market?
Who are the key players/companies in the
global low cost airlines market?

9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Low Cost Airlines Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Purpose
6.1 Leisure Travel
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 VFR
6.2.1 Market T rends
6.2.2 Market Forecast
6.3 Business Travel
6.3.1 Mark et T rends
6.3.2 Mark et Forecast

10. Table of
Contents
6.4 Others
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
7 Market Breakup by Distribution Channel
7.1 Online
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 T ravel Ag ency
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Others
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
8 Market Breakup by Destination
8.1 Domestic
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 International
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Mark et Forecast
9.1.1.2 Mark et Trends
9.1.2 Canada
For more information, visit :
https://www.imarcgroup.com/low -cost-airlines-market/toc

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