AVIATION
Low-cost airlines get larger
- Published: 24 Oct 2012 at 00.00
- Newspaper section: Business
Budget airlines boosted their share of passenger traffic through Thailand in the fiscal year ending Sept 30 to nearly 40% as major airlines saw lower volumes.
Low-cost carriers (LCCs) carried 20.34 million passengers through the country's six main airports, representing 38.8% of the total of 52.36 million passengers, according to figures compiled by Airports of Thailand Plc (AoT).
The LCC model was almost unknown in Thailand eight years ago when full-service airlines still ruled the skies.
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