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What is Low Cost Carrier mean?
A low-cost carrier or low-cost airline (occasionally referred to as no-frills, budget or discount carrier or airline, and abbreviated as LCC) is an airline that is operated with an especially high emphasis on minimizing operating costs and without some of the traditional services and amenities provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees – such as for carry-on baggage. As of April 2020, the world's largest low-cost carrier is Southwest Airlines, which operates primarily in the United States, as well as in some surrounding areas.
The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. While the term is often applied to any carrier with low ticket prices and limited services, regardless of their operating models, low-cost carriers should not be confused with regional airlines that operate short flights without service, or with full-service airlines offering some reduced fares.
Some airlines falsely advertise themselves as low-cost, budget, or discount airlines while maintaining products usually associated with traditional mainline carrier's services. These products include preferred or assigned seating, catering other items rather than basic beverages, differentiated premium cabins, satellite or ground-based Wi-Fi internet, and in-flight audio and video entertainment. More recently, the term "ultra low-cost carrier" (ULCC) has been used, particularly in North America, to separately distinguish full fledged low-cost carriers from traditional airlines increasingly promoting themselves as low-cost while offering just bits and pieces of similar service model as low-cost carriers.
Southwest Airlines is the only LCC that is also a Legacy airline.
referencePosted on 01 Nov 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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