25-Sep-2009 12:55 PM
LCCs account for 22% of worldwide capacity, Ryanair reduces full year traffic target
Analysis
OAG stated the low cost sector reported growth to/from and within all regions, with the exception of intra-Europe (2% fewer flights and 1% fewer seats) and within North America (8% fewer flights and 9% fewer seats) in Sep-2009, accounting for 18.4% and 22.2% of total global frequencies and seat capacity, respectively.
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