Once, low-cost carriers (LCCs) looked set to become the dominant force in aviation. Many still believe that to be true. But the response of legacy airlines is no longer as muted as it was—and LCCs are not as low cost as they were.
http://www.travelio.net/the-cost-structures-of-network-airlines-and-low-cost-carriers-may-not-be-as-different.html
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