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The evolving LCC business model: Call for speakers

Phu Nguyen Event Leave a Comment

The low-cost carrier (LCC) business model has grown tremendously over the past two decades. Its lower cost structure allows lower fares, thus significantly stimulates traffic and drives air travel’s growth across the world. However, technologies, customer expectations and the industry dynamics have changed, so have the business strategies of LCCs if they want to continue the growth momentum. At the …

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The evolving LCC business model: Towards an integrated air travel business

Phu Nguyen Event News Leave a Comment

Today we are witnessing perhaps the most interesting period of change in the low cost business model. China’s Spring Group, anchored by Shanghai-based budget carrier Spring Airlines, is entering the hotel sector in Asia, turning itself into a comprehensive hospitality company to serve customers throughout their trip. Spring Group took the first few moves in the hotel business with the …