In 2016, 243.7 millions of passengers chose low-cost carriers from Europe. Ryanair, Norwegian, easyJet and Wizz Air dominate the LCC market in Europe.
243 millions of passengers carried by low-cost airlines
According to figures reported by low-cost airlines, Ryanair remains the largest of the four mentioned above. According to Michael O'Leary, Ryanair has carried over 117 millions of passengers. In second place is easyJet with 74.4 million passengers carried, and on the 3 place is Norwegian with 29.3 million passengers transported. Wizz Air announces exceeding 23 threshold of millions of passengers in 2016.
According to percentage increases, Wizz Air recorded the highest growth, this being of 19%. Ryanair reported an increase of 15% of passenger traffic, and norwegian has increased by 13%. the easy family of brands. announced a modest increase of 6.6%.
4 companies also announced an increase in cargo loading on aircraft. In 2016, Ryanair announced a load factor of 94%, which is the best in the company's history. The increase was 3 percentage points compared to 2015, when a load factor of 91% was recorded.
The information is not final. Several low-cost airlines (Vueling, Volotea, Blue Air, Transavia, etc.) have not yet published the figures on 2016. As a result, the LCC market in Europe is significantly larger.
According to ICAO information, over 1 billion passengers chose low cost companies worldwide, accounting for 28% of the total number of passengers transported in 2016. The LCC market in Europe represents 32% of the global low-cost market.