Budget Airlines in the UK - Industry Market Research Report

Budget Airlines in the UK - Industry Market Research Report

Budget Airlines in the UK

The Budget Airlines industry has benefitted from consumers increasingly seeking value for money. The industry is highly concentrated, consisting of only four airlines. External factors, including business and consumer confidence, household disposable income, and outbound and international tourist numbers, determine demand for budget airlines. Shocks like natural disasters, terrorist attacks and disease outbreaks also affect demand. Revenue is expected to rise at a compound annual rate of 0.3% over the five years through 2023-24 to £10.1 billion.

This industry includes all no-frills airlines, which are also known as a low-cost, discount or budget airlines. These are airlines that offer low fares by eliminating many traditional passenger services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market