Airline Business Models

Airline business models describe how airlines make money and operate. The main models include: 1. **Full-Service Carriers:** Offer extensive services like free meals, baggage, and seat selection, charging higher fares. Examples: Delta, British Airways. 2. **Low-Cost Carriers (LCCs):** Focus on reducing costs by eliminating extras, charging only for essentials like seats and baggage. Examples: Southwest, Ryanair. 3. **Charter Airlines:** Sell exclusive or group travel, often operated on-demand outside regular schedules. 4. **Regional Airlines:** Serve smaller markets and often feed passengers into larger hubs. These models cater to different customer needs and pricing strategies within the airline industry.