GCC Low Cost Carriers
August 26, 2014
The GCC airline industry is growing at a very high pace, primarily the Low Cost Carriers (LCC), as it is a relatively new market in the region. The LCC segment in the GCC remains under penetrated as compared to the markets like US and Europe. The adoption of open sky policies by a few GCC countries and evolution of few LCCs have changed the airline business scenario as a whole. LCCs are expected to play a prominent part in the future of GCC aviation.