This article is based on a lecture by Gediminas Ziemelis. The opinion of the speaker does not necessarily correspond with that of the editorial team. Want your opinion to be featured on AeroTime? Send us a line at editor@aerotime.aero. 

Low-cost carriers have been booming in Europe for quite a long time now. There were a lot of reasons for this growth. One of them was geopolitical, the other – financial. And, of course, there were many more points involved.

Gediminas Ziemelis, Chairman of the Board at Avia Solutions Group, explains, how low-cost carriers managed to rapidly grow their activities and why there are only three major and, as Ziemelis states, the only real carriers in Europe. Besides that, he gives examples on how these airlines – Wizzair, Ryanair and Easyjet – came into market, how they are operating around Europe, how they manage to avoid competition between themselves and the usual carriers.

See the full video of Gediminas Ziemelis, giving his insights on low-cost carriers in Kazimieras Simonavicius university: