UK residents traveling abroad for leisure have been by far the fastest-growing component of total international traffic at UK airports since the European aviation market was liberalized in 1993, according to a new report by the UK CAA. Self-evidently, the study also concludes that the spread of no-frills airlines has been by far "the most striking development" following liberalization. In its report, "Demand for Outbound Leisure Air Travel and its Key Drivers," CAA noted that the number of ...

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