Budget Airlines Now Generate More Unit Revenues Than Legacy Airlines in U.S.
Skift Take
The low-cost carriers continue to take over the economy segment of the market in all possible ways around the world, and U.S. is now moving in line with the rest of the world.
This may go down as one of the seminal moments in U.S. airline history: This year, for the first time ever, U.S. low-cost carriers unit revenue on domestic routes exceeded that of legacy mainline carriers, according to Oliver Wyman’s annual Airline Economic Analysis report.
While low cost carriers