How can easyJet continue to maintain its profitability and market share in the low-cost airline sector?

How can easyJet continue to maintain its profitability and market share in the low-cost airline sector?

Authors

  • Vivek Verma, Harish Kumar

Abstract

Over the most recent thirty years, another peculiarity ruled the aircraft business; the rise of Minimal expense Transporters (LCC). This new plan of action was first presented by Southwest Carrier, and afterward it spread to incorporate Europe then Asia. Their lower admissions are viewed as their super upper hand. These aircrafts figure out how to bring down their charges by embracing profoundly proficient functional techniques which help them reducing their expenses and easily adjusting to

market changes. The goal of this examination is to inspect the plan of action of LCCs with an intensive survey of the writing at the principal stage. The subsequent stage includes utilizing time series examination to estimate the quantity of travelers for easyJet, an effective English Minimal expense Transporter what got going in 1995. The information broke down in this study was given by the auxiliary information of the yearly reports of easyJet. The meaning of the variable "Air Traveler Traffic Around the world" through "All out Traveler Traffic easyJet" was tended to with a direct relapse. The outcomes show, that there is an extraordinary potential for easyJet to extend later on as far as traveler traffic. Because of a few outer elements like the rising propensity fortravelling all over the planet, the ascent of the working class, the rise of new markets, economic hazards pushing a few booked carriers out of the market and inside factors like the steady improvements in easyJet's armada, it is anticipated that it will accomplish more prominent traffic development later on.

Published

2022-04-30

How to Cite

Vivek Verma, Harish Kumar. (2022). How can easyJet continue to maintain its profitability and market share in the low-cost airline sector?. CEMJP, 30(2), 53–57. Retrieved from http://journals.kozminski.cem-j.org/index.php/pl_cemj/article/view/561

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