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Teomantunc
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History: Added two references to where "citation needed."
[td][[File:THE NEW CEMENT LITTER BASKETS ON FIFTH AVENUE ARE DESIGNED TO BE THEFT-PROOF AND TO PAY FOR THEMSELVES THROUGH THE... - NARA - 549812.jpg|thumb|Advert for LoftleiΓ°ir Icelandic Airlines on Fifth Avenue, New York in 1973]][/td] [td][/td]
[td][/td] [td]The first airline offering no-frills transatlantic service was [[Freddie Laker]]'s [[Laker Airways]], which operated its famous "Skytrain" service between London and New York City during the late 1970s. The service was suspended after Laker's competitors, [[British Airways]] and [[Pan American World Airways|Pan Am]], were able to price Skytrain out of the market.{{citation needed|date=August 2013}}[/td]
[td]The first airline offering no-frills transatlantic service was [[Freddie Laker]]'s [[Laker Airways]], which operated its famous "Skytrain" service between London and New York City during the late 1970s. The service was suspended after Laker's competitors, [[British Airways]] and [[Pan American World Airways|Pan Am]], were able to price Skytrain out of the market.<ref>{{Citation |title=Airline History: Laker Skytrain |date=2022-02-08 |url=https://www.key.aero/article/airline-history-laker-skytrain |access-date=2025-09-02 |url-status=live |publisher=Key Publishing Ltd}}</ref>[/td] [td][/td]
[td][/td] [td]In the United States, airline carriers such as [[Midway Airlines (1976β1991)|Midway Airlines]] and [[America West Airlines]], which commenced operations after 1978, soon realized a [[Available seat miles|cost of available seat mile]] (CASM) advantage in relation to the traditional and established, [[Legacy carrier|legacy airlines]] such as [[Trans World Airlines]] and [[American Airlines]]. Often this CASM advantage has been attributed solely to the lower labor costs of the newly hired and lower pay grade workers of new start-up carriers, such as [[ValuJet]], Midway Airlines, and their like. However, these lower costs can also be attributed to the less complex aircraft fleets and route networks with which these new carriers began operations, in addition to their reduced labor costs.[/td]
[td]In the United States, airline carriers such as [[Midway Airlines (1976β1991)|Midway Airlines]] and [[America West Airlines]], which commenced operations after 1978, soon realized a [[Available seat miles|cost of available seat mile]] (CASM) advantage in relation to the traditional and established, [[Legacy carrier|legacy airlines]] such as [[Trans World Airlines]] and [[American Airlines]]. Often this CASM advantage has been attributed solely to the lower labor costs of the newly hired and lower pay grade workers of new start-up carriers, such as [[ValuJet]], Midway Airlines, and their like. However, these lower costs can also be attributed to the less complex aircraft fleets and route networks with which these new carriers began operations, in addition to their reduced labor costs.[/td] [td][/td]
[td][/td] [td]In Japan, low-cost airlines made major inroads into the market in 2012 when [[Peach (airline)|Peach]], [[Jetstar Japan]] and [[AirAsia Japan]] began operations, each with financial sponsorship by a domestic legacy airline and one or more foreign investors. By mid-2013, these new LCCs were operating at a unit cost of around 8 yen per seat-kilometer, compared to 10β11 yen per seat-kilometer for domestic legacy airlines. However, their unit cost was still much higher than the 3 yen per seat-kilometer for [[AirAsia]] in [[Malaysia]], due to the higher cost of landing fees and personnel in Japan.<ref>{{cite news |script-title=ja:ζζεγγγζ₯ζ¬ζ΅γ΅γΌγγΉγ γγΌγγζΊθΆ³εΊ¦γ倧ζδΈ¦γΏγ|language=ja|url=http://www.nikkei.com/paper/article/?ng=DGKDZO57680790U3A720C1TJ1000|access-date=24 July 2013|newspaper=[[The Nikkei]] |date=24 July 2013}}</ref>[/td]
[td]In Japan, low-cost airlines made major inroads into the market in 2012 when [[Peach (airline)|Peach]], [[Jetstar Japan]] and [[AirAsia Japan]] began operations, each with financial sponsorship by a domestic legacy airline and one or more foreign investors. By mid-2013, these new LCCs were operating at a unit cost of around 8 yen per seat-kilometer, compared to 10β11 yen per seat-kilometer for domestic legacy airlines. However, their unit cost was still much higher than the 3 yen per seat-kilometer for [[AirAsia]] in [[Malaysia]], due to the higher cost of landing fees and personnel in Japan.<ref>{{cite news |script-title=ja:ζζεγγγζ₯ζ¬ζ΅γ΅γΌγγΉγ γγΌγγζΊθΆ³εΊ¦γ倧ζδΈ¦γΏγ|language=ja|url=http://www.nikkei.com/paper/article/?ng=DGKDZO57680790U3A720C1TJ1000|access-date=24 July 2013|newspaper=[[The Nikkei]] |date=24 July 2013}}</ref>[/td] [td][/td] [td]In 2010s and 2020s, the low-cost airline sector, once a relatively minor segment of the aviation industry, has expanded significantly and is projected to continue growing. The market is expected to increase from an estimated value of USD 221.3 billion to USD 430.5 billion by 2033.<ref>{{Cite web |date=2025-08-15 |title=Cheapest Airlines β Budget Carrier Rankings 2025: Who Tops the List and How Much You Can Save |url=https://www.click2refund.com/en/Blo...-Who-Tops-the-List-and-How-Much-You-Can-Save- |url-status=live |access-date=2025-09-02 |website=Click 2 Refund}}</ref>[/td] [td][/td]
[td][/td] [td]===Market share===[/td]
[td]===Market share===[/td]
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[td][[File:THE NEW CEMENT LITTER BASKETS ON FIFTH AVENUE ARE DESIGNED TO BE THEFT-PROOF AND TO PAY FOR THEMSELVES THROUGH THE... - NARA - 549812.jpg|thumb|Advert for LoftleiΓ°ir Icelandic Airlines on Fifth Avenue, New York in 1973]][/td]Revision as of 08:14, 2 September 2025
[/td][td][[File:THE NEW CEMENT LITTER BASKETS ON FIFTH AVENUE ARE DESIGNED TO BE THEFT-PROOF AND TO PAY FOR THEMSELVES THROUGH THE... - NARA - 549812.jpg|thumb|Advert for LoftleiΓ°ir Icelandic Airlines on Fifth Avenue, New York in 1973]][/td] [td][/td]
[td][/td] [td]The first airline offering no-frills transatlantic service was [[Freddie Laker]]'s [[Laker Airways]], which operated its famous "Skytrain" service between London and New York City during the late 1970s. The service was suspended after Laker's competitors, [[British Airways]] and [[Pan American World Airways|Pan Am]], were able to price Skytrain out of the market.{{citation needed|date=August 2013}}[/td]
[td]The first airline offering no-frills transatlantic service was [[Freddie Laker]]'s [[Laker Airways]], which operated its famous "Skytrain" service between London and New York City during the late 1970s. The service was suspended after Laker's competitors, [[British Airways]] and [[Pan American World Airways|Pan Am]], were able to price Skytrain out of the market.<ref>{{Citation |title=Airline History: Laker Skytrain |date=2022-02-08 |url=https://www.key.aero/article/airline-history-laker-skytrain |access-date=2025-09-02 |url-status=live |publisher=Key Publishing Ltd}}</ref>[/td] [td][/td]
[td][/td] [td]In the United States, airline carriers such as [[Midway Airlines (1976β1991)|Midway Airlines]] and [[America West Airlines]], which commenced operations after 1978, soon realized a [[Available seat miles|cost of available seat mile]] (CASM) advantage in relation to the traditional and established, [[Legacy carrier|legacy airlines]] such as [[Trans World Airlines]] and [[American Airlines]]. Often this CASM advantage has been attributed solely to the lower labor costs of the newly hired and lower pay grade workers of new start-up carriers, such as [[ValuJet]], Midway Airlines, and their like. However, these lower costs can also be attributed to the less complex aircraft fleets and route networks with which these new carriers began operations, in addition to their reduced labor costs.[/td]
[td]In the United States, airline carriers such as [[Midway Airlines (1976β1991)|Midway Airlines]] and [[America West Airlines]], which commenced operations after 1978, soon realized a [[Available seat miles|cost of available seat mile]] (CASM) advantage in relation to the traditional and established, [[Legacy carrier|legacy airlines]] such as [[Trans World Airlines]] and [[American Airlines]]. Often this CASM advantage has been attributed solely to the lower labor costs of the newly hired and lower pay grade workers of new start-up carriers, such as [[ValuJet]], Midway Airlines, and their like. However, these lower costs can also be attributed to the less complex aircraft fleets and route networks with which these new carriers began operations, in addition to their reduced labor costs.[/td] [td][/td]
[td][/td] [td]In Japan, low-cost airlines made major inroads into the market in 2012 when [[Peach (airline)|Peach]], [[Jetstar Japan]] and [[AirAsia Japan]] began operations, each with financial sponsorship by a domestic legacy airline and one or more foreign investors. By mid-2013, these new LCCs were operating at a unit cost of around 8 yen per seat-kilometer, compared to 10β11 yen per seat-kilometer for domestic legacy airlines. However, their unit cost was still much higher than the 3 yen per seat-kilometer for [[AirAsia]] in [[Malaysia]], due to the higher cost of landing fees and personnel in Japan.<ref>{{cite news |script-title=ja:ζζεγγγζ₯ζ¬ζ΅γ΅γΌγγΉγ γγΌγγζΊθΆ³εΊ¦γ倧ζδΈ¦γΏγ|language=ja|url=http://www.nikkei.com/paper/article/?ng=DGKDZO57680790U3A720C1TJ1000|access-date=24 July 2013|newspaper=[[The Nikkei]] |date=24 July 2013}}</ref>[/td]
[td]In Japan, low-cost airlines made major inroads into the market in 2012 when [[Peach (airline)|Peach]], [[Jetstar Japan]] and [[AirAsia Japan]] began operations, each with financial sponsorship by a domestic legacy airline and one or more foreign investors. By mid-2013, these new LCCs were operating at a unit cost of around 8 yen per seat-kilometer, compared to 10β11 yen per seat-kilometer for domestic legacy airlines. However, their unit cost was still much higher than the 3 yen per seat-kilometer for [[AirAsia]] in [[Malaysia]], due to the higher cost of landing fees and personnel in Japan.<ref>{{cite news |script-title=ja:ζζεγγγζ₯ζ¬ζ΅γ΅γΌγγΉγ γγΌγγζΊθΆ³εΊ¦γ倧ζδΈ¦γΏγ|language=ja|url=http://www.nikkei.com/paper/article/?ng=DGKDZO57680790U3A720C1TJ1000|access-date=24 July 2013|newspaper=[[The Nikkei]] |date=24 July 2013}}</ref>[/td] [td][/td] [td]In 2010s and 2020s, the low-cost airline sector, once a relatively minor segment of the aviation industry, has expanded significantly and is projected to continue growing. The market is expected to increase from an estimated value of USD 221.3 billion to USD 430.5 billion by 2033.<ref>{{Cite web |date=2025-08-15 |title=Cheapest Airlines β Budget Carrier Rankings 2025: Who Tops the List and How Much You Can Save |url=https://www.click2refund.com/en/Blo...-Who-Tops-the-List-and-How-Much-You-Can-Save- |url-status=live |access-date=2025-09-02 |website=Click 2 Refund}}</ref>[/td] [td][/td]
[td][/td] [td]===Market share===[/td]
[td]===Market share===[/td]
Continue reading...
