Low-cost carrier (LCC) market size worldwide 2020-2027

Published by Statista Research Department, Nov 21, 2023
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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Release date

2021

Region

Worldwide

Survey time period

2020

Supplementary notes

For the Statista estimate an exponential development of the values between 2020 and 2027 was assumed to estimate the annual values. The values for 2020 and 2027 were provided by the source.
* Forecast

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Statistics on " Low-cost carrier market in the United States "

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Overview

8

Segments: LCCs

8

Segments: ULCCs

6

Special focus: major hubs

4

Further related statistics

19

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Topics

Low Cost Carrier (LCC) market in the United StatesAir transportationJetBlue AirwaysSouthwest AirlinesEasyJet
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