Thank You Santosh Jee,

Good Evening Every One.

Here, I am trying to connect sustainability issue of low cost carrier based on current
findings and current scenario as well, which is related to price, and demand function.
This will also be theoretically validated by Ganesh Jee Subsequently.

In this chart we can see, how different external factors have affected overall aviation
industry demand and lately the most hit by COVID.
Despite the fact of adaptation to the dynamic environment where LCC business is
operating, they have so far managed to sustain and grow.
We can also assume, personal finances being most hit, people want to travel on low
cost for their leisure activities who were bound to leave indoors for months. This may
give significant boost LCC business.

LCC’s mainly Ryan Air seems to be successful as they are operating on routes where
there are less competitors and people want to visit that place for leisure or family union.
LCC’s are not just managing the demand but creating the demand where short haul
route is viable as an alternative to train/bus.
Innovative.