DEREGULATION AND ITS CONSEQUENCES
Airline deregulation has been the emergence of hub-and-skoke networks centered on major airport where a single carrier is often dominant. LCCs are distinguished by several common features:
1.Fleet simplicity. Legacy carriers operate diverse fleets Lccs emphasize on relatively short-haul routes. The minimal number of aircraft types.
2.Fast turnaround times. LCCs operate their networks, for instance, reduces the time needed to clean and cater flights.
3.Rapid growth. It enables the LCCs to continue to add aircraft and staff at a steady pace.