Over the past twenty years the US airline industry has been marked by the intense competition between the Low-Cost Carriers (LCCs) and the Full-Service Carrier (FSCs). The fundamental differences between the two business models are reflected in considerable cost advantages of the LCCs. In this paper, I use a set of model specific metrics to investigate whether the competitive process has led to convergence in some of the key features of the competing models. I conclude that despite some evidence of convergence along certain dimensions, the LCCs are not ready to abandon the core LCC model.
CITATION STYLE
Daraban, B. (2011). The Low Cost Carrier Revolution Continues: Evidence From The US Airline Industry. Journal of Business & Economics Research (JBER), 10(1), 37. https://doi.org/10.19030/jber.v10i1.6732
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