WILL EUROPE'S CHARTER AIRLINES BE REPLACED BY THE NEW BREED OF LOW COST CARRIER?

The short answer to this questions is no, at least this is not the large vertically integrated ones. In order to answer the question more appropriately, it is important to be aware of the differences in operating economics of the two types of carrier. In a recent Cranfield Air transport Group Research Report the economics and operating characteristics of 27\8 low cost carriers were compared. It was apparent that the combination of larger aircraft, longer flight sectors, greater aircraft and crew utilization, and higher load factors provides the typical charter airline with significantly lower passenger costs than its no-frills scheduled counterparts. The evidence to date would tend to suggest that charter carriers are vulnerable to low cost scheduled carriers in the seat only portion of their business. Accurate data on the seat only portion of traffic on charter flights is difficult to obtain, however.

Language

  • English

Media Info

  • Features: Appendices; Figures; Tables;
  • Pagination: p. 487-499

Subject/Index Terms

Filing Info

  • Accession Number: 00804790
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jan 11 2001 12:00AM