Low-Cost Carrier (LCC) Market 2028 By Size, Share, Trends, Growth, Companies Forecast
The increasing demand for budget air travel as LCCs offer competitive pricing, streamlined business models, and accessibility are the factors driving market in the forecast period 2024-2028 According to TechSci Research report, “ Low-Cost Carrier (LCC) Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Low-Cost Carrier (LCC) Market stood at USD 152.62 Billion in 2022 and is anticipated to grow with a CAGR of 7.24% in the forecast period, 2024-2028 The Global Low-Cost Carrier (LCC) market has undergone a remarkable transformation over the years, reshaping the aviation industry and redefining the way people travel. This market overview provides a comprehensive look into the key aspects that have characterized the LCC market's development: LCCs, also known as budget airlines or no-frills carriers, have been instrumental in making air travel more accessible and affordable to a wider audience. They are characterized by their commi...