Tag: Low cost airlines

Airlines

All 9 Types of Airlines Explained

Legacy Carriers The heavyweights of the airline industry, legacy carriers are often among the largest airlines in the world in terms of revenue, fleet size and number of employees (among others). Unlike other types of airlines, there is no set definition for a legacy carrier, though is generally used to mean any airline with a transcontinental presence and revenues exceeding $1 billion USD. Traditionally, legacy carriers are the largest airline and flag carriers of their home country (though not always, as in is the case in the US who refuses to have one) and dominate traffic at their country's largest airport. As a general rule, legacy carriers not only have a presence in neighboring countries, but on different continents too, where they compete with rival flag c...
Why is Southwest Airlines so Successful?
Airlines

Why is Southwest Airlines so Successful?

Low cost carriers are all the rage in Europe, with hundreds being created and going bankrupt each year. In America, however, this isn't so common. There are a few low cost carriers in the US, but by far the most successful is Southwest Airlines. What makes them so much more successful than the others? There are a number of factors that make Southwest so much more successful than other low cost carriers in the US. These range from simple tricks, to more in depth ways. (adsbygoogle = window.adsbygoogle || []).push({}); History Southwest Airlines' origin livery. Photo courtesy of Bill Abbott via Flickr Southwest began under a different name- Air Southwest Co. founded by Herbert Kelleher and Rollin King in Texas in 1967. For its time, its business model as revoluti...
Will we see more budget airlines in Europe?
Airlines

Will we see more budget airlines in Europe?

For the past 10 years, we have seen an increase in low cost budget airlines in Europe, that have attempted to undercut the market of the established airlines. Many of these have attempted expand into long haul budget airlines, but many of these have failed. Despite this, their continent-oriented competitors have gone from strength to strength. But does this mean that we will see more of them in the future? I doubt this very much. It is unlikely that new budget airlines would be able to offer such low prices, as the current semi-established airlines do, and stay solvent at the same time. (adsbygoogle = window.adsbygoogle || []).push({}); Why do I believe that we have seen the end of new budget airlines in Europe? The short answer is: Money. Currently, the largest Europe...
Why have low cost long-haul airlines gone under in the last 5 years?
Airlines

Why have low cost long-haul airlines gone under in the last 5 years?

Airlines going under isn’t a new thing, since the first airlines started, some airlines have gone under. But this phenomenon of low cost long-haul airlines going under has been exasperated in the past 5 years. So, why have low cost long-haul airlines gone under in the last 5 years? Most of the time, airlines have gone under due to poor management of finances, but the past 5 years have proven different. Whilst poor financial management may have been a factor, the main issue is sustainability.  Most of the airlines that have gone under have been low cost long-haul airlines. These m are not usually your typical low cost airlines like Ryanair or EasyJet, but are usually low cost and long-haul airlines. Think along the lines of Wow Air, Thomas Cook and Primera Air- all of these had the same...