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Dissertation on low cost carriers

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The report will be assessing and evaluating how deregulation and the growth of low cost carriers have affected global competition and market trends in the types of products offered to customers in air travel. The report will identify the key roles of the low cost carriers and how they are affecting the global competition and the market trends by introducing their means and methods over the bigger airline industry. It will also be witnessed in the report how the airlines have come a long way from the past till now and how the industry is on a constant change due to needs and demands put up by the customers which currently is being handled by the low cost carriers in some ways. While air travel was once a luxury only the rich could afford, the entry of more airlines serving the busiest and most profitable routes has caused airfares to plummet.
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India, home to one-sixth of the world's population, is quickly becoming one the world's economic engines. Its bureaucratic and outdated regulatory policies have been reformed resulting in a four-fold increase in the number of scheduled airlines and a five-fold increase in the number of aircraft operated. This study attempts to examine, in the light of the competitive strategies adopted by the low-cost model based on cost-leadership and product differentiation that have been deployed by low-cost carriers LCC in India. In addition, this paper attempts to review how the new regulatory roadmap has transformed the supply of domestic air services in the Indian Aviation industry. Many surveys were conducted in the past to investigate the acceptance of LCCs in India.
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