{"title":"Market shares on the rise, academic attention on the decline? A comprehensive review on low-cost airlines and their research challenges","authors":"Xiaoqian Sun , Min Su , Sebastian Wandelt","doi":"10.1016/j.rtbm.2025.101458","DOIUrl":null,"url":null,"abstract":"<div><div>In recent decades, low-cost carriers (LCCs) have reshaped the global aviation industry, attaining a significant market share of more than one third of all flights worldwide. Despite their increasing penetration, there has been a decline in the volume of academic research focusing specifically on LCCs in recent years, raising concerns about a potential gap between industry development and scholarly attention. This paper reviews the extant literature on LCCs, categorizing existing studies into seven major themes: general impact/competition, pricing strategies, efficiency, service quality dimensions, regulatory/policy considerations, airport-related aspects and others. Through our review of more than 300 related academic references, we develop a concise representation of the state of the art, identify key insights, and highlight areas where research has remained rather sparse. In addition, our study synthesizes critical directions for future research to address emerging challenges and opportunities for LCCs during this important era of air transportation.</div></div>","PeriodicalId":47453,"journal":{"name":"Research in Transportation Business and Management","volume":"63 ","pages":"Article 101458"},"PeriodicalIF":4.4000,"publicationDate":"2025-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in Transportation Business and Management","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2210539525001737","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
In recent decades, low-cost carriers (LCCs) have reshaped the global aviation industry, attaining a significant market share of more than one third of all flights worldwide. Despite their increasing penetration, there has been a decline in the volume of academic research focusing specifically on LCCs in recent years, raising concerns about a potential gap between industry development and scholarly attention. This paper reviews the extant literature on LCCs, categorizing existing studies into seven major themes: general impact/competition, pricing strategies, efficiency, service quality dimensions, regulatory/policy considerations, airport-related aspects and others. Through our review of more than 300 related academic references, we develop a concise representation of the state of the art, identify key insights, and highlight areas where research has remained rather sparse. In addition, our study synthesizes critical directions for future research to address emerging challenges and opportunities for LCCs during this important era of air transportation.
期刊介绍:
Research in Transportation Business & Management (RTBM) will publish research on international aspects of transport management such as business strategy, communication, sustainability, finance, human resource management, law, logistics, marketing, franchising, privatisation and commercialisation. Research in Transportation Business & Management welcomes proposals for themed volumes from scholars in management, in relation to all modes of transport. Issues should be cross-disciplinary for one mode or single-disciplinary for all modes. We are keen to receive proposals that combine and integrate theories and concepts that are taken from or can be traced to origins in different disciplines or lessons learned from different modes and approaches to the topic. By facilitating the development of interdisciplinary or intermodal concepts, theories and ideas, and by synthesizing these for the journal''s audience, we seek to contribute to both scholarly advancement of knowledge and the state of managerial practice. Potential volume themes include: -Sustainability and Transportation Management- Transport Management and the Reduction of Transport''s Carbon Footprint- Marketing Transport/Branding Transportation- Benchmarking, Performance Measurement and Best Practices in Transport Operations- Franchising, Concessions and Alternate Governance Mechanisms for Transport Organisations- Logistics and the Integration of Transportation into Freight Supply Chains- Risk Management (or Asset Management or Transportation Finance or ...): Lessons from Multiple Modes- Engaging the Stakeholder in Transportation Governance- Reliability in the Freight Sector