AIR
TICKET
A low-cost carrier or low-cost airline (also
known as a no-frills or discount carrier / airline) is an airline that offers
generally low fares in exchange for eliminating many traditional passenger services.
The concept originated in the United States before spreading to Europe in the
early 1990s and subsequently to much of the rest of the world. The term originated
within the airline industry referring to airlines with a lower operating cost
structure than their competitors. While the term is often applied to any carrier
with low ticket prices and limited services, regardless of their operating models,
low-cost carriers should not be confused with regional airlines that operate
short flights without service, or with full-service airlines offering some reduced
fares.
A
recent trend is the formation of new low-cost carriers exclusively targeting
the long-haul business market, with aircraft configured for a single class of
service, initially on transatlantic routings. Probably best described as "less
frills" rather than "no frills", the initial entrants in this
market, including Eos Airlines, Maxjet Airways, and Silverjet are using mid-sized
twin jets such as Boeing 757 and Boeing 767 to service the lucrative London
- US Eastern Seaboard market.(1)
SALES