Low-cost airlines have changed the travel industry
Low-cost airlines have had a big impact on Europan travel and have played a pivotal role in driving down flight costs. For everyday people, air carriers such as easyJet, Ryanair, Wizzair, Norwegian Air Shuttle, Transavia, Iberia Express, and many others are part of everyday life.
Oftentimes, Low-cost airlines don’t get the credit they deserve as they are thought to offer a cheaper and, thus, inferior service. However, they offer a great value service that is competitively priced and offers a wide range of destinations.
The reach of low-cost airlines is extensive and the MICE (Meetings, incentives, conferences and exhibitions) industry benefits from airlines such as Ryanair, easyJet, and others.
They revolutionised the travel industry by not penalising travellers when they do not stay a Saturday night. This was not the case just a few decades earlier when scheduled carriers would financially penalise travellers if their bookings didn’t include a weekend or were for shorter stays.
Previously, if you wanted to travel last-minute and stay a Tuesday night to return on Wednesday, then you could pay €350 – €450.
Now you can do that for a little as €50. Indeed, the changes have transformed the air travel industry and competition means that there are much cheaper fares available.
Low-cost carriers pride themselves on having fewer delays than scheduled flights. Punctuality and reliability are equal to their existence, their reputation is based on it, and their figures reflect this.
A quarter of flights to or from the UK for the year up to August 2016 were delayed by 15 minutes or more. Carriers such as Ryanair boast that they beat every other airline in Europe in terms of punctuality, and EasyJet has an 86% on-time record* which surpasses the likes of British Airways at 83%.
*Figures from FlightStats Airline On-Time Performance Statistics (November)