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The advent of low-cost carriers (LCCs) dates back to mid-seventies when it was first introduced by the American domestic airline - Southwest, whose main objective was to provide cheap flight tickets to its customers. As a result of its advent, the existing ones lost a significant amount of market share due to cheaper ticket prices on offer by the former. Customers for obvious reasons started choosing those flights that offered a lower price than the rest.

With an increased number of market players, the price-based competition has also raised in previous few years in the aviation industry. Now, people can easily book cheapest air tickets by comparing the cost of reserving seats with different airlines. The automation and online booking has brought transparency in the entire reservation process along with simplifying the booking method.

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It is time for yet another round of discounts from popular low-cost carrier (LCC) in the Indian market, SpiceJet. This is the sixth time in a row that this airline has offered a reduction in the flight fare, a step mainly to come back to profiting ways.

The leading low-cost carrier (LCC) in the country in terms of market share, Indigo is all set to launch 12 new routes in the coming days. These routes include Tier II cities like Vizag and Indore. This introduction will see a rise in the frequency of flights between Kolkata and Mumbai, and Pune and Delhi.

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