The rise of the low-cost carrier has been one of the most profound impacts of the deregulation and liberalization of air transport markets all around the globe.

-What defines a low-cost carrier?
-What have been the most recent developments with respect to low-cost carrier networks?
-What has been the impact of the low-cost on service quality, competition levels and air fares?
-How did low-cost carriers change the airport business?
-Is the low-cost carrier model sustainable?

This file contains a number of recent reports and academic papers about the low-cost airline business.