The Impact Of Low Cost Long Haul On Evolving Leisure Markets
Low Cost Long Haul narrowbody is an emerging segment of the market with huge growth opportunities in virtually every region. Although most LCLH narrowbody operations have so far focused on the trans Atlantic market, there is now some movement in Asia Pacific and the Middle East.
Air Arabia is the first LCC from the Middle East to operate the A321neoLR. The first three operators in Asia Pacific – Australia-based Jetstar Airways, Jetstar Japan and Japan’s Peach – all plan to start taking A321neoLRs in 2020. Several more Asian LCCs, including AirAsia X and VietJet, are considering acquiring the new type.
The economical nature of this segment will undoubtedly allow for new and emerging markets around the world, previous left only to connections via major hubs, to be opened up.
- What new markets are being opened by the Low Cost Long Haul segment?
- How can key destinations and airports attract new Low Cost Long Haul airlines?
- What trends in the leisure market are signs for new route opportunities?
- What do airlines look for in new market opportunities?