and the number of passengers are also growing day by day. It is widening the range of air
services.
The above chart shows the passenger traffic between UK and Europe between the time
period of 1991 and 2013. It is expected that LCCs would deliver perpetual growth on the entire
market despite of noticing that the growth trend over the past 13 years has actually been
downward. Despite of global crisis such as terrorism, natural calamities, financial downturn etc,
these small size airlines have achieved good amount of growth and development (The future of
low-cost airlines and airports, 2015). The real turning point in the growth was noticed in the
year 1990 when Ryanair was introduced in the industry. From the period of 1997 to 2000, the