Market Overview The Low-Cost Carrier (LCC) market has witnessed impressive growth over recent years, reshaping the aviation sector by offering affordable travel options to an expanding global audience. Valued at USD 174.68 billion in 2023, the LCC industry is forecasted to expand significantly, reaching USD 679.93 billion by 2030, with an impressive compound annual growth rate (CAGR) of 16.3%...

Low-Cost Carrier (LCC) Market: A Booming Industry with Strong Growth Prospects The global aviation industry has witnessed a significant transformation in recent decades, primarily due to the rise of Low-Cost Carriers (LCCs). These airlines have revolutionized air travel by offering affordable and accessible flying options to a larger audience. The success of LCCs has not only democratized...