Aviation industry in the GCC region is soaring high and in the recently concluded Dubai Airshow it has turned the spotlight upon itself, wherein record orders for aircrafts were placed. Investments continue to pour, to develop and expand the airport infrastructure. However, Low Cost Carrier segment in GCC remains under penetrated as compared to the markets like US and Europe. The recent adoption of open sky policies by few of the GCC countries and the subsequent evolution of LCCs has changed the airline business scenario as a whole. LCCs are expected to be the future of aviation.
The report on GCC low cost carriers profiles various players, outlines their growth trajectory and discusses their business strategy. Sustainable, long-term growth drivers have been identified and presented along with challenges to portray the industry dynamics in a comprehensive way. SWOT analysis of the industry has been presented. Data and analysis has been supplemented with rich statistics from national regulatory bodies, corporate annual reports, industry bodies such as International Air Transport Association (IATA), CAPA -Centre for Aviation and websites of respective airports.