LCCs Market in the U.S. - Statistics & Facts

Over the last decade, the growth of the low-cost carrier (LCC) segment has been a fundamental development in the aviation industry. The low-cost business model, based on high seating density and aircraft utilization at low fares, has triggered key changes in the vigorously competitive industry. With both short- and long-haul flights, LCCs are the driving force in the passenger air transportation business. According to Airbus Group, the global market share of low-cost carriers is expected to grow to 21 percent in 2034.

In the United States, LCCs hold above 30 percent of the domestic market. Overall, Southwest was ranked second among the leading airlines in the U.S., with a market share of 17.6 in 2019, just behind legacy carrier American Airlines. With flights to 101 destinations, Southwest transported passengers over 133 billion miles, had a capacity of around 159.8 billion available seat miles (ASMs) and reported net profits of almost 2.5 billion U.S. dollars in 2018. JetBlue Airways was ranked sixth, with a domestic market share of 5.6 percent and operating revenue streams of almost 7.7 billion U.S. dollars in 2018.

Of particular interest is the emergence of the ultra-low cost carriers (ULLCs), like Spirit Airlines, Frontier Airlines or Allegiant Air in the U.S. domestic market, all of which are benefiting from the low jet fuel prices. Based on its ultra-low cost business model, Spirit Airlines provides unbundled base fares with the option of booking other ancillary air-related products. They currently serve 76 destinations in the United States, Caribbean and Latin America. The company reported operating revenue streams of over 3.3 billion U.S. dollars from transporting passengers over more than 30 billion miles in 2018.

Interesting statistics

In the following 4 chapters, you will quickly find the 29 most important statistics relating to "Low Cost Carrier (LCCs) Market in the United States".

Low-cost carrier market in the United States

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Important key figures

The most important key figures provide you with a compact summary of the topic of "Low Cost Carrier (LCCs) Market in the United States" and take you straight to the corresponding statistics.

Low-cost airlines

Ultra low-cost airlines

Main hubs

Any more questions?

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.