How Budget Airlines Work: Unraveling the Secrets Behind Affordable Air Travel
TLDRBudget airlines in Europe have revolutionized air travel by significantly reducing costs and offering affordable fares. They achieve this through strategies such as buying new fuel-efficient planes, operating from less expensive airports, minimizing onboard luxuries, and adopting a point-to-point model. These budget carriers have larger profit margins than traditional airlines and are able to adapt quickly to market demands. Their success is driven by their flexibility, extensive networks, and ability to offer competitive prices. Ultimately, budget airlines provide more options for travelers and drive down the cost of airfare.