Published at Sunday, March 31st, 2019 - 17:54:52 PM. Type of airline. By Audrick Krause.
In view of the congestion apparent at many international airports the ownership of slots at certain airports (the right to take-off or land an aircraft at a particular time of day or night) has become a significant tradable asset for many airlines. Clearly take-off slots at popular times of the day can be critical in attracting the more profitable business traveler to a given airline s flight and in establishing a competitive advantage against a competing airline.
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.
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