Contents

• Introduction 2
• Literature Review- Effect of low cost carrier 2
• Low-Cost Carrier 2
• Effect of Low-Cost Carriers on Tourism and Hospitality Industry 5
• Conclusion 11
• References 12

Description

Aviation industry has seen significant changes in its business model and one of the important and successful business model is of low-cost carrier. Low-cost carriers has brought significant changes in the airline industry and has led to changes in pricing strategies, increase in passenger traffic, connection to various new destinations, promoting tourism in regions, which were not popular. The low-cost carriers has also enabled smaller regions boost other related hospitality businesses, thus adding to the economy of the country. But its growing popularity and adoption also had certain negative impact, which includes air pollution, noise, increased crowd in the airport and increased competition. The report discusses the impact of low-cost carrier on the airline, hospitality and tourism industry.