ULCCs – Allegiant, Frontier and Spirit: the appeal of Point-to-Point

摘要

THE LAST cyclical crisis in the aviationindustry - the 2008 GlobalFinancial Crisis - paved the wayfor consolidation in the USA. By theend of 2019 the top four airlines- Southwest, Delta, American andUnited - between them controlled78% of the domestic market. But thisvery consolidation allowed for the entryand growth of the ultra‐low costcarrier (ULCC) business models, andin the year before the coronaviruspandemic hit, three such airlines -Spirit, Frontier and Allegiant - hadbuilt a combined share of the marketof 10%, more than double that of fiveyears earlier.