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2014•International Review of Aerospace Engineering (IREASE)Requires access

Comparison of FSC and LCC and Their Market Share in Aviation

Róbert Rozenberg, Stanislav Szabó, Iveta Šebeščáková

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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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What this paper is about

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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OpenAlex reports 17 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available 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.

Key concepts: Low-cost carrier, Aviation, Competition (biology), Market share, Full service, Business, Business model, Industrial organization

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