HomeConsumer Goods and ServicesTravels & Tourism Low-Cost Airlines Market

Global Low-Cost Airlines Market Size, Share, Demand Report By Product Type (Ultra-Low-Cost Carriers, Short-/Medium-Haul LCCs, Long-Haul LCCs, Hybrid LCCs, Charter & Regional Budget Operators), By Route & Operation (Domestic, Short-, Medium-, and Long-Haul), By Distribution Channel (Direct Online, OTA, Offline), By Passenger Type (Leisure, VFR, Business), By Region & Segment Forecasts, 2025–2030

Report Code: RI1212PUB
Last Updated : November, 2025
Author : Abigail Foster

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Low-Cost Airlines Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Low-Cost Airlines Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Low-Cost Airlines Market, By Product Type
    1. Introduction
      1. Market Size and Forecast, By Product Type
    2. Ultra-Low-Cost Carriers (ULCCs)
      1. Market Size and Forecast, By Region
    3. Short-/Medium-Haul Low-Cost Carriers (LCCs)
      1. Market Size and Forecast, By Region
    4. Long-Haul Low-Cost Carriers (LH-LCCs)
      1. Market Size and Forecast, By Region
    5. Hybrid Low-Cost Carriers
      1. Market Size and Forecast, By Region
    6. Charter & Regional Budget Operators
      1. Market Size and Forecast, By Region
  10. Low-Cost Airlines Market, By Route & Operation
    1. Introduction
      1. Market Size and Forecast, By Route & Operation
    2. Domestic Routes
      1. Market Size and Forecast, By Region
    3. International Short-Haul Routes
      1. Market Size and Forecast, By Region
    4. International Medium-Haul Routes
      1. Market Size and Forecast, By Region
    5. Long-Haul Routes
      1. Market Size and Forecast, By Region
  11. Low-Cost Airlines Market, By Distribution Channel
    1. Introduction
      1. Market Size and Forecast, By Distribution Channel
    2. Direct Online (Website & Mobile App)
      1. Market Size and Forecast, By Region
    3. Online Travel Agencies (OTAs)
      1. Market Size and Forecast, By Region
    4. Offline Travel Agents
      1. Market Size and Forecast, By Region
    5. Corporate & Group Bookings
      1. Market Size and Forecast, By Region
  12. Low-Cost Airlines Market, By Passenger Type
    1. Introduction
      1. Market Size and Forecast, By Passenger Type
    2. Leisure Travelers
      1. Market Size and Forecast, By Region
    3. Visiting Friends & Relatives (VFR)
      1. Market Size and Forecast, By Region
    4. Business Travelers
      1. Market Size and Forecast, By Region
    5. Others (Students, Government, etc.)
      1. Market Size and Forecast, By Region
  13. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Product Type
          1. Ultra-Low-Cost Carriers (ULCCs)
            1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
              1. Long-Haul Low-Cost Carriers (LH-LCCs)
                1. Hybrid Low-Cost Carriers
                  1. Charter & Regional Budget Operators
                  2. By Route & Operation
                    1. Domestic Routes
                      1. International Short-Haul Routes
                        1. International Medium-Haul Routes
                          1. Long-Haul Routes
                          2. By Distribution Channel
                            1. Direct Online (Website & Mobile App)
                              1. Online Travel Agencies (OTAs)
                                1. Offline Travel Agents
                                  1. Corporate & Group Bookings
                                  2. By Passenger Type
                                    1. Leisure Travelers
                                      1. Visiting Friends & Relatives (VFR)
                                        1. Business Travelers
                                          1. Others (Students, Government, etc.)
                                        2. U.S.
                                          1. By Product Type
                                            1. Ultra-Low-Cost Carriers (ULCCs)
                                              1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                  1. Hybrid Low-Cost Carriers
                                                    1. Charter & Regional Budget Operators
                                                    2. By Route & Operation
                                                      1. Domestic Routes
                                                        1. International Short-Haul Routes
                                                          1. International Medium-Haul Routes
                                                            1. Long-Haul Routes
                                                            2. By Distribution Channel
                                                              1. Direct Online (Website & Mobile App)
                                                                1. Online Travel Agencies (OTAs)
                                                                  1. Offline Travel Agents
                                                                    1. Corporate & Group Bookings
                                                                    2. By Passenger Type
                                                                      1. Leisure Travelers
                                                                        1. Visiting Friends & Relatives (VFR)
                                                                          1. Business Travelers
                                                                            1. Others (Students, Government, etc.)
                                                                          2. Canada
                                                                        2. Europe
                                                                          1. Market Size and Forecast
                                                                            1. By Product Type
                                                                              1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                  1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                    1. Hybrid Low-Cost Carriers
                                                                                      1. Charter & Regional Budget Operators
                                                                                      2. By Route & Operation
                                                                                        1. Domestic Routes
                                                                                          1. International Short-Haul Routes
                                                                                            1. International Medium-Haul Routes
                                                                                              1. Long-Haul Routes
                                                                                              2. By Distribution Channel
                                                                                                1. Direct Online (Website & Mobile App)
                                                                                                  1. Online Travel Agencies (OTAs)
                                                                                                    1. Offline Travel Agents
                                                                                                      1. Corporate & Group Bookings
                                                                                                      2. By Passenger Type
                                                                                                        1. Leisure Travelers
                                                                                                          1. Visiting Friends & Relatives (VFR)
                                                                                                            1. Business Travelers
                                                                                                              1. Others (Students, Government, etc.)
                                                                                                            2. U.K.
                                                                                                              1. By Product Type
                                                                                                                1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                                                  1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                                                    1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                                                      1. Hybrid Low-Cost Carriers
                                                                                                                        1. Charter & Regional Budget Operators
                                                                                                                        2. By Route & Operation
                                                                                                                          1. Domestic Routes
                                                                                                                            1. International Short-Haul Routes
                                                                                                                              1. International Medium-Haul Routes
                                                                                                                                1. Long-Haul Routes
                                                                                                                                2. By Distribution Channel
                                                                                                                                  1. Direct Online (Website & Mobile App)
                                                                                                                                    1. Online Travel Agencies (OTAs)
                                                                                                                                      1. Offline Travel Agents
                                                                                                                                        1. Corporate & Group Bookings
                                                                                                                                        2. By Passenger Type
                                                                                                                                          1. Leisure Travelers
                                                                                                                                            1. Visiting Friends & Relatives (VFR)
                                                                                                                                              1. Business Travelers
                                                                                                                                                1. Others (Students, Government, etc.)
                                                                                                                                              2. Germany
                                                                                                                                              3. France
                                                                                                                                              4. Spain
                                                                                                                                              5. Italy
                                                                                                                                              6. Russia
                                                                                                                                              7. Nordic
                                                                                                                                              8. Benelux
                                                                                                                                              9. Rest of Europe
                                                                                                                                            2. APAC
                                                                                                                                              1. Market Size and Forecast
                                                                                                                                                1. By Product Type
                                                                                                                                                  1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                                                                                    1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                                                                                      1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                                                                                        1. Hybrid Low-Cost Carriers
                                                                                                                                                          1. Charter & Regional Budget Operators
                                                                                                                                                          2. By Route & Operation
                                                                                                                                                            1. Domestic Routes
                                                                                                                                                              1. International Short-Haul Routes
                                                                                                                                                                1. International Medium-Haul Routes
                                                                                                                                                                  1. Long-Haul Routes
                                                                                                                                                                  2. By Distribution Channel
                                                                                                                                                                    1. Direct Online (Website & Mobile App)
                                                                                                                                                                      1. Online Travel Agencies (OTAs)
                                                                                                                                                                        1. Offline Travel Agents
                                                                                                                                                                          1. Corporate & Group Bookings
                                                                                                                                                                          2. By Passenger Type
                                                                                                                                                                            1. Leisure Travelers
                                                                                                                                                                              1. Visiting Friends & Relatives (VFR)
                                                                                                                                                                                1. Business Travelers
                                                                                                                                                                                  1. Others (Students, Government, etc.)
                                                                                                                                                                                2. China
                                                                                                                                                                                  1. By Product Type
                                                                                                                                                                                    1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                                                                                                                      1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                                                                                                                        1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                                                                                                                          1. Hybrid Low-Cost Carriers
                                                                                                                                                                                            1. Charter & Regional Budget Operators
                                                                                                                                                                                            2. By Route & Operation
                                                                                                                                                                                              1. Domestic Routes
                                                                                                                                                                                                1. International Short-Haul Routes
                                                                                                                                                                                                  1. International Medium-Haul Routes
                                                                                                                                                                                                    1. Long-Haul Routes
                                                                                                                                                                                                    2. By Distribution Channel
                                                                                                                                                                                                      1. Direct Online (Website & Mobile App)
                                                                                                                                                                                                        1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                          1. Offline Travel Agents
                                                                                                                                                                                                            1. Corporate & Group Bookings
                                                                                                                                                                                                            2. By Passenger Type
                                                                                                                                                                                                              1. Leisure Travelers
                                                                                                                                                                                                                1. Visiting Friends & Relatives (VFR)
                                                                                                                                                                                                                  1. Business Travelers
                                                                                                                                                                                                                    1. Others (Students, Government, etc.)
                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                  6. Singapore
                                                                                                                                                                                                                  7. Taiwan
                                                                                                                                                                                                                  8. South East Asia
                                                                                                                                                                                                                  9. Rest of Asia-Pacific
                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                  1. Market Size and Forecast
                                                                                                                                                                                                                    1. By Product Type
                                                                                                                                                                                                                      1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                                                                                                                                                        1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                                                                                                                                                          1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                                                                                                                                                            1. Hybrid Low-Cost Carriers
                                                                                                                                                                                                                              1. Charter & Regional Budget Operators
                                                                                                                                                                                                                              2. By Route & Operation
                                                                                                                                                                                                                                1. Domestic Routes
                                                                                                                                                                                                                                  1. International Short-Haul Routes
                                                                                                                                                                                                                                    1. International Medium-Haul Routes
                                                                                                                                                                                                                                      1. Long-Haul Routes
                                                                                                                                                                                                                                      2. By Distribution Channel
                                                                                                                                                                                                                                        1. Direct Online (Website & Mobile App)
                                                                                                                                                                                                                                          1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                            1. Offline Travel Agents
                                                                                                                                                                                                                                              1. Corporate & Group Bookings
                                                                                                                                                                                                                                              2. By Passenger Type
                                                                                                                                                                                                                                                1. Leisure Travelers
                                                                                                                                                                                                                                                  1. Visiting Friends & Relatives (VFR)
                                                                                                                                                                                                                                                    1. Business Travelers
                                                                                                                                                                                                                                                      1. Others (Students, Government, etc.)
                                                                                                                                                                                                                                                    2. UAE
                                                                                                                                                                                                                                                      1. By Product Type
                                                                                                                                                                                                                                                        1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                                                                                                                                                                                          1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                                                                                                                                                                                            1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                                                                                                                                                                                              1. Hybrid Low-Cost Carriers
                                                                                                                                                                                                                                                                1. Charter & Regional Budget Operators
                                                                                                                                                                                                                                                                2. By Route & Operation
                                                                                                                                                                                                                                                                  1. Domestic Routes
                                                                                                                                                                                                                                                                    1. International Short-Haul Routes
                                                                                                                                                                                                                                                                      1. International Medium-Haul Routes
                                                                                                                                                                                                                                                                        1. Long-Haul Routes
                                                                                                                                                                                                                                                                        2. By Distribution Channel
                                                                                                                                                                                                                                                                          1. Direct Online (Website & Mobile App)
                                                                                                                                                                                                                                                                            1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                                                              1. Offline Travel Agents
                                                                                                                                                                                                                                                                                1. Corporate & Group Bookings
                                                                                                                                                                                                                                                                                2. By Passenger Type
                                                                                                                                                                                                                                                                                  1. Leisure Travelers
                                                                                                                                                                                                                                                                                    1. Visiting Friends & Relatives (VFR)
                                                                                                                                                                                                                                                                                      1. Business Travelers
                                                                                                                                                                                                                                                                                        1. Others (Students, Government, etc.)
                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                        1. By Product Type
                                                                                                                                                                                                                                                                                          1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                                                                                                                                                                                                                            1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                                                                                                                                                                                                                              1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                                                                                                                                                                                                                                1. Hybrid Low-Cost Carriers
                                                                                                                                                                                                                                                                                                  1. Charter & Regional Budget Operators
                                                                                                                                                                                                                                                                                                  2. By Route & Operation
                                                                                                                                                                                                                                                                                                    1. Domestic Routes
                                                                                                                                                                                                                                                                                                      1. International Short-Haul Routes
                                                                                                                                                                                                                                                                                                        1. International Medium-Haul Routes
                                                                                                                                                                                                                                                                                                          1. Long-Haul Routes
                                                                                                                                                                                                                                                                                                          2. By Distribution Channel
                                                                                                                                                                                                                                                                                                            1. Direct Online (Website & Mobile App)
                                                                                                                                                                                                                                                                                                              1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                                                                                                1. Offline Travel Agents
                                                                                                                                                                                                                                                                                                                  1. Corporate & Group Bookings
                                                                                                                                                                                                                                                                                                                  2. By Passenger Type
                                                                                                                                                                                                                                                                                                                    1. Leisure Travelers
                                                                                                                                                                                                                                                                                                                      1. Visiting Friends & Relatives (VFR)
                                                                                                                                                                                                                                                                                                                        1. Business Travelers
                                                                                                                                                                                                                                                                                                                          1. Others (Students, Government, etc.)
                                                                                                                                                                                                                                                                                                                        2. Brazil
                                                                                                                                                                                                                                                                                                                          1. By Product Type
                                                                                                                                                                                                                                                                                                                            1. Ultra-Low-Cost Carriers (ULCCs)
                                                                                                                                                                                                                                                                                                                              1. Short-/Medium-Haul Low-Cost Carriers (LCCs)
                                                                                                                                                                                                                                                                                                                                1. Long-Haul Low-Cost Carriers (LH-LCCs)
                                                                                                                                                                                                                                                                                                                                  1. Hybrid Low-Cost Carriers
                                                                                                                                                                                                                                                                                                                                    1. Charter & Regional Budget Operators
                                                                                                                                                                                                                                                                                                                                    2. By Route & Operation
                                                                                                                                                                                                                                                                                                                                      1. Domestic Routes
                                                                                                                                                                                                                                                                                                                                        1. International Short-Haul Routes
                                                                                                                                                                                                                                                                                                                                          1. International Medium-Haul Routes
                                                                                                                                                                                                                                                                                                                                            1. Long-Haul Routes
                                                                                                                                                                                                                                                                                                                                            2. By Distribution Channel
                                                                                                                                                                                                                                                                                                                                              1. Direct Online (Website & Mobile App)
                                                                                                                                                                                                                                                                                                                                                1. Online Travel Agencies (OTAs)
                                                                                                                                                                                                                                                                                                                                                  1. Offline Travel Agents
                                                                                                                                                                                                                                                                                                                                                    1. Corporate & Group Bookings
                                                                                                                                                                                                                                                                                                                                                    2. By Passenger Type
                                                                                                                                                                                                                                                                                                                                                      1. Leisure Travelers
                                                                                                                                                                                                                                                                                                                                                        1. Visiting Friends & Relatives (VFR)
                                                                                                                                                                                                                                                                                                                                                          1. Business Travelers
                                                                                                                                                                                                                                                                                                                                                            1. Others (Students, Government, etc.)
                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                      2. Competitive Landscape, 2024
                                                                                                                                                                                                                                                                                                                                                        1. Introduction
                                                                                                                                                                                                                                                                                                                                                        2. Low-Cost Airlines Market Share Analysis, 2024 (%)
                                                                                                                                                                                                                                                                                                                                                          1. Market Share Analysis, 2024
                                                                                                                                                                                                                                                                                                                                                          2. Competition Ranking, 2024
                                                                                                                                                                                                                                                                                                                                                          3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                            1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                            2. Product Launch
                                                                                                                                                                                                                                                                                                                                                            3. Expansion
                                                                                                                                                                                                                                                                                                                                                          4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                      3. Company Profile
                                                                                                                                                                                                                                                                                                                                                        1. Southwest Airlines Co.
                                                                                                                                                                                                                                                                                                                                                          1. Business Overview
                                                                                                                                                                                                                                                                                                                                                          2. Financial Data
                                                                                                                                                                                                                                                                                                                                                          3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                          4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                        2. Ryanair Holdings plc
                                                                                                                                                                                                                                                                                                                                                        3. easyJet plc
                                                                                                                                                                                                                                                                                                                                                        4. AirAsia Group Berhad
                                                                                                                                                                                                                                                                                                                                                        5. IndiGo (InterGlobe Aviation Ltd.)
                                                                                                                                                                                                                                                                                                                                                        6. Wizz Air Holdings Plc
                                                                                                                                                                                                                                                                                                                                                        7. Spirit Airlines, Inc.
                                                                                                                                                                                                                                                                                                                                                        8. Jetstar Airways Pty Ltd.
                                                                                                                                                                                                                                                                                                                                                        9. Flydubai
                                                                                                                                                                                                                                                                                                                                                        10. Volaris (Controladora Vuela Compañía de Aviación S.A.B. de C.V.)