29-Nov-2006 10:00 AM
The impact of no-frills carriers on the airline market and on traffic growth
Analysis
No-frills carriers have also innovated on fares, and so radically altered how the airline market works. They have changed both the structure and the level of fares for short-haul travel, not just in terms of their own offering, but also reflected in the subsequent response from incumbent airlines. Saturday night stay rules are now a thing of the past, and the “book early – get it cheaper” philosophy extends across the sector.
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