Market Structure: Competitive Analysis of Low Cost Airlines
VerifiedAdded on 2020/06/05
|5
|684
|69
Report
AI Summary
This report analyzes the market structure of low-cost airlines, focusing on EasyJet, Ryanair, Wizz Air, Thomas Cook, and Jet2. It examines their market positions, pricing strategies, and cost structures. The report highlights EasyJet's strong market position and pricing strategies targeting middle-class customers, Ryanair's cost-cutting measures, Wizz Air's discount strategies, Thomas Cook's focus on low-price leadership, and Jet2's use of internet marketing. The conclusion emphasizes the increasing market size of low-cost airlines, the higher bargaining power of customers due to various ticket purchase options, and the lower bargaining power of suppliers. The report aims to provide insights into the competitive landscape and strategies employed by these airlines to gain a competitive advantage in the industry.
1 out of 5