The dream run for North American LCCs has slowed, reports Sydney-based aviation think tank Centre for Asia Pacific Aviation. According to CAPA Executive Chairman Peter Harbison, "the rate of growth of low-cost carriers in North America has stagnated for the past three years." He noted that LLCs' market share "has now been stuck on 18% of total frequencies (representing approximately 26% of total seats) for three years, after surging from 13% of total frequencies from September 2001 to ...

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