What is a low-cost air carrier?
A Low Cost carrier is a carrier that provides services at minimum fares and with minimum free service. The first successful company to be known as a low-cost carrier was American Pacific Southwest Airlines. The historic flight of the first flight with ticket prices several times cheaper than those of its competitors took place on May 6, 1947.
In the European market, the first budget airlines were Irish Ryanair and British EasyJet, founded in the 90s. Their rapid growth was due to the creation of the EU and the subsequent deregulation of the European airspace — airlines received the right to fly between the countries of the European Union without the need to obtain special permits.


