A forecast of Changes in Functioning of Low-cost Air Carriers
on the European Market Cover Image

Prognoza zmian w sposobie funkcjonowania niskokosztowych przewoźników lotniczych na rynku europejskim
A forecast of Changes in Functioning of Low-cost Air Carriers on the European Market

Author(s): Natalia Drop
Subject(s): Economy, Business Economy / Management, Transport / Logistics
Published by: Społeczna Akademia Nauk
Keywords: management; development; strategy; air transport; low-cost air carriers

Summary/Abstract: Air transport is currently the fastest developing branch of transport. At the same time, it’s the most resource-intensive branch of transport. Doing business in thisarea requires large amounts of financial and material resources to start, develop and operate. However, it should be noted that eventually all expenses are transferred onto passengers. The aim of the article is to describe the mode of action of low-cost air carriers. Then,based on the description, the thesis was formed as “the innovative approach to the issue of cost allowed low-cost air carriers to take advantage of the market, however they willsoon have to adjust their strategies to respond to the changing market situation causedby a change in the management model of traditional air carriers”. The beginning of the articleshows how LLCs (low-cost air carriers) differ from traditional air carriers, then author presented a short historical view of LCCs and what impact their creation has had on the market. Finally, author took an attempt to foresee what are the most important changes LCCs will have to undergo in the near future. Research methods used in the paper are: literature analysis, deduction, empirical research using non-experimental methods, analysis and logical design.

  • Issue Year: 20/2019
  • Issue No: 6.1
  • Page Range: 147-160
  • Page Count: 14
  • Language: Polish
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