Loading

Europe low cost airline ranking: Volotea quietly carves a growth niche

According to data compiled by CAPA, the share of passengers travelling with Europe's top 30 airline groups that was carried by LCCs increased from 40.6% in 2017 to 42.3% in 2018. Passenger numbers carried by 17 European LCCs grew by 13.2%, compared with 8.5% growth for the overall top 30 groups.

The LCC list can be divided into a leading group of nine with more than 10 million passengers in 2018 and a group of eight smaller airlines. The larger group, headed by Ryanair and easyJet, gets all the attention. The smaller group, however, grew at almost twice the rate of the larger LCCs in 2018.

Europe's fastest growing LCC outside Russia was Volotea, which grew faster than any LCC not owned by another airline group (only Aeroflot's subsidiary Pobeda grew faster). With a strategy placing it between regional airlines and the major LCCs, Volotea has quietly carved out a niche for itself and achieved rapid growth since its 2012 launch.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,666 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.