Published at Thursday, March 28th, 2019 - 04:07:01 AM. Type of airline. By Amet Franke.
Toward the end of the century a new style of low cost airline emerged offering a no-frills product at a lower price. Southwest Airlines JetBlue AirTran Airways Skybus Airlines and other low-cost carriers began to represent a serious challenge to the so-called legacy airlines as did their low-cost counterparts in many other countries. 41 Their commercial viability represented a serious competitive threat to the legacy carriers. However of these ATA and Skybus have since ceased operations.
The pattern of ownership has been privatized in the recent years that is the ownership has gradually changed from governments to private and individual sectors or organizations. This occurs as regulators permit greater freedom and non-government ownership in steps that are usually decades apart. This pattern is not seen for all airlines in all regions. 86
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