Low-cost carriers (LCC) have revolutionized the way consumers travel and affected the airline industry as well, forcing legacy carriers to adapt in the face of increased competition. In Europe they have also helped bring regions together. That is the conclusion of a recent report by the Center for European Policy Studies (CEPS), a Brussels-based think tank, with funding and data from Ryanair, Europe’s first and biggest LCC. The report, entitled “Low-Cost Airlines: bringing the ...

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