Low cost airlines are having a rapid development. In 2012, Luton-based budget airline Easy Jet reported it carried 1.79m passengers in September, increasing 18.6 from a year earlier. Airports operator TBI reported growth of 29% in the number of passengers using low-cost services from its four European airports.
It is worthy analysing the operations of leading low-cost airlines nowadays. This report will analyse the operations characteristics and strategies of low cost airlines, with the intention of fully understanding their business practices along with how they compete and interact with Full service carrier airlines. When analyzing the characteristics of Low cost airlines operations we can take Ryanair or Easy Jet as examples as since they are industry leaders they exemplify many of the attributes which Low cost airlines work towards.