Call it what you will – low-cost carrier, low-cost airline, no-frills, discount, or budget carrier, even cheap flight. The low cost carrier is an airline that offers lower fares and fewer amenities and services to its passengers.
The airline industry offers the perfect example of a sector that is almost entirely dependent on fossil fuels and its availability. In fact, about 30% of the costs of the industry goes towards kerosene. This article tries to offer insights into the biggest challenges faced by the airlines today.