The global low-cost carrier market is anticipated to exceed 254 billion U.S. dollars by 2027. The main drivers of growth in this market are the increase in air passenger traffic and investments made by major airlines in this business model.
Projected size of the low-cost carrier market worldwide from 2020 to 2027
(in billion U.S. dollars)
For the Statista estimate an exponential development of the values between 2020 and 2027 was assumed to estimate the annual values. The values for 2020 and 2027 were provided by the source.
* Forecast
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (May 14, 2021). Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista. "Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars)." Chart. May 14, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista. (2021). Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista. "Projected Size of The Low-cost Carrier Market Worldwide from 2020 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 May 2021, https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
Statista, Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/ (last visited December 21, 2024)
Projected size of the low-cost carrier market worldwide from 2020 to 2027 (in billion U.S. dollars) [Graph], Statista, May 14, 2021. [Online]. Available: https://www.statista.com/statistics/1100652/low-cost-carrier-market-size-worldwide/
