Low-cost air carriers and tourism

26-11-2019

The liberalisation of air transport, which resulted in the creation of new routes and new business models for airlines, in particular the development of low-cost carriers, has led to lower fares and wider access to air transport. In many countries, air transport is a catalyst for the development of tourism. As low-cost carriers in the EU have experienced substantial growth, serving mostly short-haul destinations, they are increasingly looking into investing in the long-haul market. This is an updated edition of an 'at a glance' note from June 2017, PE 607.263.

The liberalisation of air transport, which resulted in the creation of new routes and new business models for airlines, in particular the development of low-cost carriers, has led to lower fares and wider access to air transport. In many countries, air transport is a catalyst for the development of tourism. As low-cost carriers in the EU have experienced substantial growth, serving mostly short-haul destinations, they are increasingly looking into investing in the long-haul market. This is an updated edition of an 'at a glance' note from June 2017, PE 607.263.