02-Dec-2009 5:20 PM
Unstoppable and irreversible: LCCs spread around the world: regional round-up
Analysis
The US domestic industry, which in 2001 accounted for over 34% of global airline seat capacity, has reduced in 2009 to approximately 24%. This is not so surprising in itself, as the developing world markets begin to expand; but to see the actual decline in real terms over this period is surely shocking.
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