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Five Recession-Busting Financial Benefits of Flying ‘Low-Cost’

Posted by financer | August 5, 2009 .

Discount carriers have long been regarded as cheap and unreliable, with awful staff and even worse service. However, Phillip Clark, a commercial pilot with more than fifteen years’ experience, and freelance writer for www.iCheapAirfares.com, believes that many of the low-cost outfits have learned from the early days, when it was simply a matter of keeping revenue just above costs.

CEO’s became more ruthless in order to survive and, as Clark says, “Sometimes you get someone who is both ruthless and good. With the economy following world peace down the toilet, they know people have less money to play with. It’s imperative that those still flying choose to fly with them.”

This is great news for consumers. Here are five recession-busting financial benefits of flying ‘low-cost’.

  1. ‘Discount’ Carriers
  2. Market share madness
  3. It’s not so bad being tied up
  4. To bolt or not to bolt, that is the question
  5. Keeping the whole industry honest
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