Low-cost carrier
Europe's top 12 low cost airlines extend traffic lead over FSCs in 2022
The ultra-LCC Ryanair Group has extended its lead as the largest airline group in Europe by passenger numbers in 2022, according to a recent analysis report by CAPA. The report also notes that the top 12 low-cost carriers (LCCs) in Europe have extended their traffic lead over full-service carriers (FSCs) in the region.
This trend towards low-cost carriers is not surprising, as consumers continue to seek affordable travel options. Low-cost carriers are able to offer competitive prices by cutting costs on non-essential services and focusing on efficiency. As a result, they are able to attract a larger customer base and increase their market share.
For travelers looking to save money on their next trip, low-cost carriers are a great option. However, it is important to keep in mind that these airlines may have additional fees for services such as checked baggage, seat selection, and in-flight meals. Be sure to read the fine print and factor in any additional costs when comparing prices.
In summary, low-cost carriers continue to dominate the European airline industry, offering affordable travel options to a growing customer base.