The Global Surge: Analyzing LCC Capacity Growth Across Regions
The aviation industry has been in a state of flux over the past few years, particularly in the realm of Low-Cost Carriers (LCCs). As these airlines continue to grow, their influence is reshaping the market dynamics across different continents. Between 2019 and 2023, LCCs experienced varying levels of capacity growth, driven by different market demands and regional opportunities.
By Aditya M