Budget airlines like Spirit and Ryanair make up almost a third of global airline capacity. Here's how they do business
Publishing timestamp: 2023-12-20 08:00:01
Summary
The article discusses the rise of budget airlines and their business models. It explains that budget airlines keep costs down by minimizing expenses and limiting amenities. They entice travelers with low base fares and charge for add-ons. Budget airlines also streamline operations by using one cabin class and a single model of airplane. The article mentions various budget airlines around the world and highlights the importance of fuel and labor expenses.
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Keywords: gol linhas aereas inteligentes sa, airlines, united airlines holdings inc, business news, business, ryanair holdings plc, spirit airlines inc, allegiant travel co, southwest airlines co, frontier group holdings inc, neutral, wizz air holdings plc, easyjet plc,
Source: https://www.cnbc.com/2023/12/20/budget-airlines-spirit-ryanair-how-they-make-money.html