The global low-cost carrier market is anticipated to exceed 254 billion U.S. dollars by 2027. The main drivers of growth in this market are the increase in air passenger traffic and investments made by major airlines in this business model.
Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars)
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Other statistics that may interest you Low-cost carrier market in the United States
Overview
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- Premium Statistic Low cost carrier market - global capacity share 2006-2020
- Premium Statistic Low-cost carrier (LCC) market size worldwide 2020-2027
- Premium Statistic Ancillary revenue in the airline industry 2011-2022
- Premium Statistic Airline ancillary: highest revenue as a share of total revenue 2021
- Basic Statistic U.S. airlines - total operating revenue streams 2004-2023
- Basic Statistic Passengers boarded by the largest U.S. air carriers 1990-2023
- Basic Statistic Leading airlines in the U.S. by domestic market share February 2022 - January 2023
- Premium Statistic Average ticket price of low cost carriers in the U.S. 2020
Segments: LCCs
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- Premium Statistic Revenue of selected low cost carriers worldwide 2022
- Premium Statistic Selected low cost carriers' passenger traffic 2022
- Premium Statistic Low cost carriers worldwide - highest number of seats 2019
- Premium Statistic Revenue of Southwest Airlines 2010-2022
- Basic Statistic Revenue passenger miles (RPMs) of Southwest Airlines 2010-2022
- Basic Statistic Southwest Airlines - available seat miles 2011-2022
- Premium Statistic JetBlue Airways - operating revenue 2011-2023
- Premium Statistic JetBlue Airways - revenue passenger miles 2011-2023
Segments: ULCCs
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- Premium Statistic Spirit Airlines - operating revenue 2011-2022
- Premium Statistic Spirit Airlines Inc. - revenue passenger miles 2011-2022
- Premium Statistic Allegiant Air - total operating revenue 2011-2021
- Premium Statistic Allegiant Air - revenue passenger miles 2011-2021
- Basic Statistic Frontier Airlines' total operating revenue 2004-2022
- Basic Statistic Frontier Airlines' passenger traffic 2004-2022
Special focus: major hubs
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Further related statistics
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- Popular domestic low-cost carriers among Millennials and Gen Z South Korea 2019
- Fleet size of low-cost carriers Germany 2022
- Canadian low cost carriers - growth in seat capacity 2007-2015
- Azul Linhas Aéreas: adjusted EBITDA 2017-2020
- U.S. low cost carriers - growth in seat capacity 2007-2015
- Low cost carriers - Africa's capacity share by segment 2007-2016
- Low cost carriers - America's capacity share 2009-2018
- Busiest low cost carriers worldwide by region 2016
- Low cost carriers worldwide - seats added 2019
- Low cost carriers worldwide - in-service fleet by region 2019
- Airline bookings - passenger revenue by sales channel and carrier type worldwide 2017
- Wizz Air's on-time performance 2011-2019
- Wizz Air's available seat kilometers 2014-2021
- Wizz Air's operating profit 2014-2021
- Departures of African scheduled airlines 2021
- Departures of Asian scheduled airlines 2021
- LATAM Airlines: frequent travelers 2016-2020
- Departures of scheduled airlines in Oceania 2021
- Industry revenue of “private security activities“ in Poland 2012-2025
Further Content: You might find this interesting as well
Statistics
- Popular domestic low-cost carriers among Millennials and Gen Z South Korea 2019
- Fleet size of low-cost carriers Germany 2022
- Canadian low cost carriers - growth in seat capacity 2007-2015
- Azul Linhas Aéreas: adjusted EBITDA 2017-2020
- U.S. low cost carriers - growth in seat capacity 2007-2015
- Low cost carriers - Africa's capacity share by segment 2007-2016
- Low cost carriers - America's capacity share 2009-2018
- Busiest low cost carriers worldwide by region 2016
- Low cost carriers worldwide - seats added 2019
- Low cost carriers worldwide - in-service fleet by region 2019
- Airline bookings - passenger revenue by sales channel and carrier type worldwide 2017
- Wizz Air's on-time performance 2011-2019
- Wizz Air's available seat kilometers 2014-2021
- Wizz Air's operating profit 2014-2021
- Departures of African scheduled airlines 2021
- Departures of Asian scheduled airlines 2021
- LATAM Airlines: frequent travelers 2016-2020
- Departures of scheduled airlines in Oceania 2021
- Industry revenue of “private security activities“ in Poland 2012-2025
Statista. (May 14, 2021). Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista. "Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars)." Chart. May 14, 2021. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista. (2021). Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista. "Projected Size of The Low-cost Carrier Market Worldwide from 2020 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 May 2021, https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista, Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/ (last visited May 11, 2024)
Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars) [Graph], Statista, May 14, 2021. [Online]. Available: https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/