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Comparison of FSC and LCC and Their Market Share in Aviation

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

(1) Technical University in Kosice, Slovakia
(2) Czech Technical University in Prague, Czech Republic
(3) Technical University in Kosice, Slovakia
(*) Corresponding author


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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References


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