1. What are some challenges faced by the airline industry?
SARS, the conflict in Iraq, terrorism, and bad or weak economy
2. What does LCC stand for?
Low-cost carrier
3. How can low-cost airlines offer low fares?
They eliminate many traditional passenger services.
4. Where does the concept of low-cost airlines originally come from?
It originated in the United States with Pacific Southwest Airlines in the early 1950s.
5. What does ‘no frills, just low fares’ mean?
No extra things or services are added for attraction or pleasantness.
The selling point is low fares.