Everything you wanted to know about low-cost carriers but were afraid to ask #1
Its been another year of growth and expansion for low-cost carriers. 2011 saw double-digit revenue growth almost across the board. Southwest Airlines completed its acquisition of AirTran to underline its position as the biggest budget carrier by a distance, while organic growth remains strong among other low-cost carriers. And while high fuel prices took the edge of low-cost carrier profits, the sector largely remained profitable for the year.
All this and more is discussed and illustrated in the second Airline Business low-cost carrier interactive special, which is now published and can be downloaded for free here.
You can find out who were the ten biggest low-cost carriers by revenues in 2011, read our profiles of the airlines and analysis of some recent developments and challenges they face. Check it out here.
Our interactive edition is packed full of content, but let me draw your attention to our special interactive map charting a decade of dynamic growth across Europe's budget sector. We've charted the rise of low-cost carriers across the continent by tracking of budget airline bases in Europe since 2001 - when Ryanair signalled it intentions to be a pan-European operator with the launch of its Brussels Charleroi base.
Along the way it tells the story of dynamic growth, with a few false starts on the journey, and of how the sector came to redraw the map of short-haul air travel in Europe. Click here for more.
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