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- Title
저비용 항공사의 특성과 항공운송 시장 파급효과의 이론적 논의.
- Authors
라미진
- Abstract
Air travel market has changed significantly by the emergence of a lowcost carrier (LCC). The LCCs offer lower fares and fewer frills than the traditional full service carriers (FSCs). The key competitive advantage of the LCCs is their ability to offer significantly lower fares, or at least to create the image of offering lower fares, while being able to generate profits by having low unit costs. LCCs have reshaped the competitive environment within air travel markets and have made significant impacts in the domestic passenger markets, which had previously been largely controlled by FSCs. The new demand for air travel experience through the low fares of low-cost airlines increases the likelihood of choosing not only low-cost airlines but also existing large airlines when choosing air travel. This generally equates to the intention of customers to move to more advanced products as their experience with new products increases. Therefore, the purpose of this study is to theoretically discuss the operating characteristics and market ripple effects of low-cost airlines, and to explore the theoretical implications of existing papers.
- Publication
Korean Journal of Aerospace & Environmental Medicine, 2024, Vol 34, Issue 1, p30
- ISSN
1738-2548
- Publication type
Article
- DOI
10.46246/KJAsEM.240004