Global Low Cost Airlines Market Research Report 2023

Report ID: 1993165 | Published Date: Jan 2025 | No. of Page: 88 | Base Year: 2024 | Rating: 4.1 | Webstory: Check our Web story
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1 Report Overview
    1.1 Study Scope
    1.2 Market Analysis by Type
        1.2.1 Global Low Cost Airlines Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
        1.2.2 Leisure Travel
        1.2.3 VFR
        1.2.4 Business Travel
        1.2.5 Others
    1.3 Market by Distribution Channel
        1.3.1 Global Low Cost Airlines Market Growth by Distribution Channel: 2018 VS 2022 VS 2029
        1.3.2 Online
        1.3.3 Travel Agency
        1.3.4 Others
    1.4 Study Objectives
    1.5 Years Considered
    1.6 Years Considered
2 Global Growth Trends
    2.1 Global Low Cost Airlines Market Perspective (2018-2029)
    2.2 Low Cost Airlines Growth Trends by Region
        2.2.1 Global Low Cost Airlines Market Size by Region: 2018 VS 2022 VS 2029
        2.2.2 Low Cost Airlines Historic Market Size by Region (2018-2023)
        2.2.3 Low Cost Airlines Forecasted Market Size by Region (2024-2029)
    2.3 Low Cost Airlines Market Dynamics
        2.3.1 Low Cost Airlines Industry Trends
        2.3.2 Low Cost Airlines Market Drivers
        2.3.3 Low Cost Airlines Market Challenges
        2.3.4 Low Cost Airlines Market Restraints
3 Competition Landscape by Key Players
    3.1 Global Top Low Cost Airlines Players by Revenue
        3.1.1 Global Top Low Cost Airlines Players by Revenue (2018-2023)
        3.1.2 Global Low Cost Airlines Revenue Market Share by Players (2018-2023)
    3.2 Global Low Cost Airlines Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    3.3 Players Covered: Ranking by Low Cost Airlines Revenue
    3.4 Global Low Cost Airlines Market Concentration Ratio
        3.4.1 Global Low Cost Airlines Market Concentration Ratio (CR5 and HHI)
        3.4.2 Global Top 10 and Top 5 Companies by Low Cost Airlines Revenue in 2022
    3.5 Low Cost Airlines Key Players Head office and Area Served
    3.6 Key Players Low Cost Airlines Product Solution and Service
    3.7 Date of Enter into Low Cost Airlines Market
    3.8 Mergers & Acquisitions, Expansion Plans
4 Low Cost Airlines Breakdown Data by Type
    4.1 Global Low Cost Airlines Historic Market Size by Type (2018-2023)
    4.2 Global Low Cost Airlines Forecasted Market Size by Type (2024-2029)
5 Low Cost Airlines Breakdown Data by Distribution Channel
    5.1 Global Low Cost Airlines Historic Market Size by Distribution Channel (2018-2023)
    5.2 Global Low Cost Airlines Forecasted Market Size by Distribution Channel (2024-2029)
6 North America
    6.1 North America Low Cost Airlines Market Size (2018-2029)
    6.2 North America Low Cost Airlines Market Growth Rate by Country: 2018 VS 2022 VS 2029
    6.3 North America Low Cost Airlines Market Size by Country (2018-2023)
    6.4 North America Low Cost Airlines Market Size by Country (2024-2029)
    6.5 United States
    6.6 Canada
7 Europe
    7.1 Europe Low Cost Airlines Market Size (2018-2029)
    7.2 Europe Low Cost Airlines Market Growth Rate by Country: 2018 VS 2022 VS 2029
    7.3 Europe Low Cost Airlines Market Size by Country (2018-2023)
    7.4 Europe Low Cost Airlines Market Size by Country (2024-2029)
    7.5 Germany
    7.6 France
    7.7 U.K.
    7.8 Italy
    7.9 Russia
    7.10 Nordic Countries
8 Asia-Pacific
    8.1 Asia-Pacific Low Cost Airlines Market Size (2018-2029)
    8.2 Asia-Pacific Low Cost Airlines Market Growth Rate by Region: 2018 VS 2022 VS 2029
    8.3 Asia-Pacific Low Cost Airlines Market Size by Region (2018-2023)
    8.4 Asia-Pacific Low Cost Airlines Market Size by Region (2024-2029)
    8.5 China
    8.6 Japan
    8.7 South Korea
    8.8 Southeast Asia
    8.9 India
    8.10 Australia
9 Latin America
    9.1 Latin America Low Cost Airlines Market Size (2018-2029)
    9.2 Latin America Low Cost Airlines Market Growth Rate by Country: 2018 VS 2022 VS 2029
    9.3 Latin America Low Cost Airlines Market Size by Country (2018-2023)
    9.4 Latin America Low Cost Airlines Market Size by Country (2024-2029)
    9.5 Mexico
    9.6 Brazil
10 Middle East & Africa
    10.1 Middle East & Africa Low Cost Airlines Market Size (2018-2029)
    10.2 Middle East & Africa Low Cost Airlines Market Growth Rate by Country: 2018 VS 2022 VS 2029
    10.3 Middle East & Africa Low Cost Airlines Market Size by Country (2018-2023)
    10.4 Middle East & Africa Low Cost Airlines Market Size by Country (2024-2029)
    10.5 Turkey
    10.6 Saudi Arabia
    10.7 UAE
11 Key Players Profiles
    11.1 AirAsia Berhad
        11.1.1 AirAsia Berhad Company Detail
        11.1.2 AirAsia Berhad Business Overview
        11.1.3 AirAsia Berhad Low Cost Airlines Introduction
        11.1.4 AirAsia Berhad Revenue in Low Cost Airlines Business (2018-2023)
        11.1.5 AirAsia Berhad Recent Development
    11.2 Virgin
        11.2.1 Virgin Company Detail
        11.2.2 Virgin Business Overview
        11.2.3 Virgin Low Cost Airlines Introduction
        11.2.4 Virgin Revenue in Low Cost Airlines Business (2018-2023)
        11.2.5 Virgin Recent Development
    11.3 Norwegian Air Shuttle
        11.3.1 Norwegian Air Shuttle Company Detail
        11.3.2 Norwegian Air Shuttle Business Overview
        11.3.3 Norwegian Air Shuttle Low Cost Airlines Introduction
        11.3.4 Norwegian Air Shuttle Revenue in Low Cost Airlines Business (2018-2023)
        11.3.5 Norwegian Air Shuttle Recent Development
    11.4 EasyJet
        11.4.1 EasyJet Company Detail
        11.4.2 EasyJet Business Overview
        11.4.3 EasyJet Low Cost Airlines Introduction
        11.4.4 EasyJet Revenue in Low Cost Airlines Business (2018-2023)
        11.4.5 EasyJet Recent Development
    11.5 Jetstar Airways
        11.5.1 Jetstar Airways Company Detail
        11.5.2 Jetstar Airways Business Overview
        11.5.3 Jetstar Airways Low Cost Airlines Introduction
        11.5.4 Jetstar Airways Revenue in Low Cost Airlines Business (2018-2023)
        11.5.5 Jetstar Airways Recent Development
    11.6 WestJet Airlines
        11.6.1 WestJet Airlines Company Detail
        11.6.2 WestJet Airlines Business Overview
        11.6.3 WestJet Airlines Low Cost Airlines Introduction
        11.6.4 WestJet Airlines Revenue in Low Cost Airlines Business (2018-2023)
        11.6.5 WestJet Airlines Recent Development
    11.7 Indigo
        11.7.1 Indigo Company Detail
        11.7.2 Indigo Business Overview
        11.7.3 Indigo Low Cost Airlines Introduction
        11.7.4 Indigo Revenue in Low Cost Airlines Business (2018-2023)
        11.7.5 Indigo Recent Development
    11.8 Azul Linhas Areas Brasileiras
        11.8.1 Azul Linhas Areas Brasileiras Company Detail
        11.8.2 Azul Linhas Areas Brasileiras Business Overview
        11.8.3 Azul Linhas Areas Brasileiras Low Cost Airlines Introduction
        11.8.4 Azul Linhas Areas Brasileiras Revenue in Low Cost Airlines Business (2018-2023)
        11.8.5 Azul Linhas Areas Brasileiras Recent Development
    11.9 Ryanair Holdings
        11.9.1 Ryanair Holdings Company Detail
        11.9.2 Ryanair Holdings Business Overview
        11.9.3 Ryanair Holdings Low Cost Airlines Introduction
        11.9.4 Ryanair Holdings Revenue in Low Cost Airlines Business (2018-2023)
        11.9.5 Ryanair Holdings Recent Development
    11.10 Air Arabia PJSC
        11.10.1 Air Arabia PJSC Company Detail
        11.10.2 Air Arabia PJSC Business Overview
        11.10.3 Air Arabia PJSC Low Cost Airlines Introduction
        11.10.4 Air Arabia PJSC Revenue in Low Cost Airlines Business (2018-2023)
        11.10.5 Air Arabia PJSC Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
    13.1 Research Methodology
        13.1.1 Methodology/Research Approach
        13.1.2 Data Source
    13.2 Disclaimer
    13.3 Author Details
List of Tables
    Table 1. Global Low Cost Airlines Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029
    Table 2. Key Players of Leisure Travel
    Table 3. Key Players of VFR
    Table 4. Key Players of Business Travel
    Table 5. Key Players of Others
    Table 6. Global Low Cost Airlines Market Size Growth by Distribution Channel (US$ Million): 2018 VS 2022 VS 2029
    Table 7. Global Low Cost Airlines Market Size by Region (US$ Million): 2018 VS 2022 VS 2029
    Table 8. Global Low Cost Airlines Market Size by Region (2018-2023) & (US$ Million)
    Table 9. Global Low Cost Airlines Market Share by Region (2018-2023)
    Table 10. Global Low Cost Airlines Forecasted Market Size by Region (2024-2029) & (US$ Million)
    Table 11. Global Low Cost Airlines Market Share by Region (2024-2029)
    Table 12. Low Cost Airlines Market Trends
    Table 13. Low Cost Airlines Market Drivers
    Table 14. Low Cost Airlines Market Challenges
    Table 15. Low Cost Airlines Market Restraints
    Table 16. Global Low Cost Airlines Revenue by Players (2018-2023) & (US$ Million)
    Table 17. Global Low Cost Airlines Market Share by Players (2018-2023)
    Table 18. Global Top Low Cost Airlines Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Low Cost Airlines as of 2022)
    Table 19. Ranking of Global Top Low Cost Airlines Companies by Revenue (US$ Million) in 2022
    Table 20. Global 5 Largest Players Market Share by Low Cost Airlines Revenue (CR5 and HHI) & (2018-2023)
    Table 21. Key Players Headquarters and Area Served
    Table 22. Key Players Low Cost Airlines Product Solution and Service
    Table 23. Date of Enter into Low Cost Airlines Market
    Table 24. Mergers & Acquisitions, Expansion Plans
    Table 25. Global Low Cost Airlines Market Size by Type (2018-2023) & (US$ Million)
    Table 26. Global Low Cost Airlines Revenue Market Share by Type (2018-2023)
    Table 27. Global Low Cost Airlines Forecasted Market Size by Type (2024-2029) & (US$ Million)
    Table 28. Global Low Cost Airlines Revenue Market Share by Type (2024-2029)
    Table 29. Global Low Cost Airlines Market Size by Distribution Channel (2018-2023) & (US$ Million)
    Table 30. Global Low Cost Airlines Revenue Market Share by Distribution Channel (2018-2023)
    Table 31. Global Low Cost Airlines Forecasted Market Size by Distribution Channel (2024-2029) & (US$ Million)
    Table 32. Global Low Cost Airlines Revenue Market Share by Distribution Channel (2024-2029)
    Table 33. North America Low Cost Airlines Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
    Table 34. North America Low Cost Airlines Market Size by Country (2018-2023) & (US$ Million)
    Table 35. North America Low Cost Airlines Market Size by Country (2024-2029) & (US$ Million)
    Table 36. Europe Low Cost Airlines Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
    Table 37. Europe Low Cost Airlines Market Size by Country (2018-2023) & (US$ Million)
    Table 38. Europe Low Cost Airlines Market Size by Country (2024-2029) & (US$ Million)
    Table 39. Asia-Pacific Low Cost Airlines Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029
    Table 40. Asia-Pacific Low Cost Airlines Market Size by Region (2018-2023) & (US$ Million)
    Table 41. Asia-Pacific Low Cost Airlines Market Size by Region (2024-2029) & (US$ Million)
    Table 42. Latin America Low Cost Airlines Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
    Table 43. Latin America Low Cost Airlines Market Size by Country (2018-2023) & (US$ Million)
    Table 44. Latin America Low Cost Airlines Market Size by Country (2024-2029) & (US$ Million)
    Table 45. Middle East & Africa Low Cost Airlines Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
    Table 46. Middle East & Africa Low Cost Airlines Market Size by Country (2018-2023) & (US$ Million)
    Table 47. Middle East & Africa Low Cost Airlines Market Size by Country (2024-2029) & (US$ Million)
    Table 48. AirAsia Berhad Company Detail
    Table 49. AirAsia Berhad Business Overview
    Table 50. AirAsia Berhad Low Cost Airlines Product
    Table 51. AirAsia Berhad Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 52. AirAsia Berhad Recent Development
    Table 53. Virgin Company Detail
    Table 54. Virgin Business Overview
    Table 55. Virgin Low Cost Airlines Product
    Table 56. Virgin Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 57. Virgin Recent Development
    Table 58. Norwegian Air Shuttle Company Detail
    Table 59. Norwegian Air Shuttle Business Overview
    Table 60. Norwegian Air Shuttle Low Cost Airlines Product
    Table 61. Norwegian Air Shuttle Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 62. Norwegian Air Shuttle Recent Development
    Table 63. EasyJet Company Detail
    Table 64. EasyJet Business Overview
    Table 65. EasyJet Low Cost Airlines Product
    Table 66. EasyJet Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 67. EasyJet Recent Development
    Table 68. Jetstar Airways Company Detail
    Table 69. Jetstar Airways Business Overview
    Table 70. Jetstar Airways Low Cost Airlines Product
    Table 71. Jetstar Airways Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 72. Jetstar Airways Recent Development
    Table 73. WestJet Airlines Company Detail
    Table 74. WestJet Airlines Business Overview
    Table 75. WestJet Airlines Low Cost Airlines Product
    Table 76. WestJet Airlines Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 77. WestJet Airlines Recent Development
    Table 78. Indigo Company Detail
    Table 79. Indigo Business Overview
    Table 80. Indigo Low Cost Airlines Product
    Table 81. Indigo Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 82. Indigo Recent Development
    Table 83. Azul Linhas Areas Brasileiras Company Detail
    Table 84. Azul Linhas Areas Brasileiras Business Overview
    Table 85. Azul Linhas Areas Brasileiras Low Cost Airlines Product
    Table 86. Azul Linhas Areas Brasileiras Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 87. Azul Linhas Areas Brasileiras Recent Development
    Table 88. Ryanair Holdings Company Detail
    Table 89. Ryanair Holdings Business Overview
    Table 90. Ryanair Holdings Low Cost Airlines Product
    Table 91. Ryanair Holdings Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 92. Ryanair Holdings Recent Development
    Table 93. Air Arabia PJSC Company Detail
    Table 94. Air Arabia PJSC Business Overview
    Table 95. Air Arabia PJSC Low Cost Airlines Product
    Table 96. Air Arabia PJSC Revenue in Low Cost Airlines Business (2018-2023) & (US$ Million)
    Table 97. Air Arabia PJSC Recent Development
    Table 98. Research Programs/Design for This Report
    Table 99. Key Data Information from Secondary Sources
    Table 100. Key Data Information from Primary Sources
List of Figures
    Figure 1. Global Low Cost Airlines Market Size Comparison by Type (2023-2029) & (US$ Million)
    Figure 2. Global Low Cost Airlines Market Share by Type: 2022 VS 2029
    Figure 3. Leisure Travel Features
    Figure 4. VFR Features
    Figure 5. Business Travel Features
    Figure 6. Others Features
    Figure 7. Global Low Cost Airlines Market Size Comparison by Distribution Channel (2023-2029) & (US$ Million)
    Figure 8. Global Low Cost Airlines Market Share by Distribution Channel: 2022 VS 2029
    Figure 9. Online Case Studies
    Figure 10. Travel Agency Case Studies
    Figure 11. Others Case Studies
    Figure 12. Low Cost Airlines Report Years Considered
    Figure 13. Global Low Cost Airlines Market Size (US$ Million), Year-over-Year: 2018-2029
    Figure 14. Global Low Cost Airlines Market Size, (US$ Million), 2018 VS 2022 VS 2029
    Figure 15. Global Low Cost Airlines Market Share by Region: 2022 VS 2029
    Figure 16. Global Low Cost Airlines Market Share by Players in 2022
    Figure 17. Global Top Low Cost Airlines Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Low Cost Airlines as of 2022)
    Figure 18. The Top 10 and 5 Players Market Share by Low Cost Airlines Revenue in 2022
    Figure 19. North America Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 20. North America Low Cost Airlines Market Share by Country (2018-2029)
    Figure 21. United States Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 22. Canada Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 23. Europe Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 24. Europe Low Cost Airlines Market Share by Country (2018-2029)
    Figure 25. Germany Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 26. France Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 27. U.K. Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 28. Italy Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 29. Russia Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 30. Nordic Countries Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 31. Asia-Pacific Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 32. Asia-Pacific Low Cost Airlines Market Share by Region (2018-2029)
    Figure 33. China Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 34. Japan Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 35. South Korea Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 36. Southeast Asia Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 37. India Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 38. Australia Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 39. Latin America Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 40. Latin America Low Cost Airlines Market Share by Country (2018-2029)
    Figure 41. Mexico Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 42. Brazil Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 43. Middle East & Africa Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 44. Middle East & Africa Low Cost Airlines Market Share by Country (2018-2029)
    Figure 45. Turkey Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 46. Saudi Arabia Low Cost Airlines Market Size YoY Growth (2018-2029) & (US$ Million)
    Figure 47. AirAsia Berhad Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 48. Virgin Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 49. Norwegian Air Shuttle Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 50. EasyJet Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 51. Jetstar Airways Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 52. WestJet Airlines Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 53. Indigo Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 54. Azul Linhas Areas Brasileiras Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 55. Ryanair Holdings Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 56. Air Arabia PJSC Revenue Growth Rate in Low Cost Airlines Business (2018-2023)
    Figure 57. Bottom-up and Top-down Approaches for This Report
    Figure 58. Data Triangulation
    Figure 59. Key Executives Interviewed
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
AirAsia Berhad
Virgin
Norwegian Air Shuttle
EasyJet
Jetstar Airways
WestJet Airlines
Indigo
Azul Linhas Areas Brasileiras
Ryanair Holdings
Air Arabia PJSC
Frequently Asked Questions
Low Cost Airlines report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Low Cost Airlines report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Low Cost Airlines report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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