Low-cost airlines as a vector of global air transport dynamic development

Andrey Alexandrovich Maltsev and Anastasia Vyacheslavovna Matveeva
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Andrey Alexandrovich Maltsev: Ural State University of Economics, Yekaterinburg, Russia
Anastasia Vyacheslavovna Matveeva: OJSC «Synthesis»

Russian Foreign Economic Journal, 2017, issue 8, 80-91

Abstract: This article reveals the main current trends in low-cost air transport development in the world economy. Changes in the key operational indicators of the Top-10 world’s low-cost carriers have been analyzed. The authors have studied the place of the Russian low-cost airline “Pobeda” in the world rating of low-cost carriers. The tendency of the classical airline alliance model to diversify forms of strategic cooperation with low-cost carriers is justified in this article. Full-service carriers create low-cost subsidiaries and increase the revenue from the sale of additional services in order to overcome the financial threat caused by low-cost airlines. The comparative analysis of the first results of low-cost airline alliances operating in the Asia-Pacific region has been carried out.

Keywords: Global airlines alliances; low-cost carriers. (search for similar items in EconPapers)
Date: 2017
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