The Evolution of Low-Cost Carriers: Shaping The Future of Leisure Travel
Skift Take
The evolution of the low-cost business model is creating new travel markets, unlocking new customer segments and significantly expanding options for leisure travelers around the globe.
You can barely recognize low-cost carriers these days. The focus had always been on single-aisle, narrow-body aircraft for short- to medium-haul routes. But there's been a dramatic shift in market dynamics: The LCCs are now venturing into long-haul flights and expanding their fleets to include wide-body aircraft.
Look no further than the news last month, first reported by Simple Flying, that IndiGo Airlines is poised to finalize a deal to lease six Boeing 787-9 Dreamliners, which would enable it to launch routes connecting India to Western Europe and North America.
Should IndiGo proceed, it would become the second Indian airline to ope
