Comparison of FSC and LCC and Their Market Share in Aviation

Róbert Rozenberg; Stanislav Szabo; Iveta Šebeščáková

doi:10.15866/irease.v7i5.4439

Comparison of FSC and LCC and Their Market Share in Aviation

Róbert Rozenberg⁽¹⁾, Stanislav Szabo⁽²⁾, Iveta Šebeščáková^(3*)

^(*) Corresponding author

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DOI: https://doi.org/10.15866/irease.v7i5.4439

Abstract

Air passengers are experiencing increase of competition among low-cost carriers (LCC) and traditional full service carriers (FSC). The presence of LCC is significant today and everything indicates that its influence will grow even more in future as in holiday sector also in the business one as well. The article compares business model of FSC and LCC, tracks differences also in pricing strategies and examines market share of this two models in aviation markets.
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Keywords

Ryanair; Comparison of LCC and FSC; Low-Cost Carriers’ Market Share

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