Low cost carrier market - global capacity share 2007-2018

Low cost carriers have rapidly expanded their share of the global air travel market over the last decade or so; in 2018 low-cost carriers accounted for 31 percent of the world’s total scheduled airline passengers.

Low-cost carrier market

Low cost carriers are different from full service carriers in how they are able to offer passengers lower ticket prices, primarily through two mechanisms. The first is to charge additional fees for services usually included by full service providers, such as checked luggage and in-flight food and beverages. Second, low cost carriers often (although not always) operate from secondary airports, which generally are cheaper for airlines to use.

Leading low-cost carriers

While the largest low cost carrier market is Europe, the leading low cost carrier both in terms of the number of seats offered and revenue generated is the U.S. carrier Southwest Airlines. Ryanair, the Irish carrier ranked second on both metrics, is growing at a faster rate though, meaning this gap may narrow over time.

Low cost carriers' worldwide market share from 2007 to 2018

Market share
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Sources

Release date

2018

Region

Worldwide

Survey time period

2007 to 2018

Supplementary notes

Values up to 2016 were taken from a previous edition.

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Statistics on "Low-cost carrier market in the United States"

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