Budget Airlines came to change the airline industry. With these airlines, flying is much more cheap and accessible to everyone. But how these airlines manage their cost to make profit? SKYPRO explains you right away.
Air travel, used to be known as a luxury transportation, however with the birth of budget airlines it starts to be accessible to everyone. These airlines sell low cost tickets which have been a huge success between the passengers.
Running an airline is an extremely expensive business. Between airplanes, Pilots and crews, fuel, airport fees and others, an airline can spend several million per year. Managing these costs is the trick for every budget airlines.
The most important way to save money is through fuel hedging, which is the way airlines found to sign contracts locking the fuel prices for months in order to avoid the costs with the increasing of fuel prices. Also, they only use one kind of plane to save money with maintenance, repair and mechanical training.
Another practice is to reduce the airport fees. Usually these airlines fly to small airports outside but near the city.
The conditions for passengers are also different. They only have one class and the cabin only has two lines of seats and they don’t reserve seats. For that reason they reduced the number of crew members and the complicated booking systems. Short-haul and direct flight are common as well. It allows schedule more flights and makes more profit.
Since cutting costs are the priority for this airlines, many flight attendants complaint about the work conditions since they don’t earn as much as in the other airlines and don’t have access a many other things that a cabin crew member usually has. What about you? Do you work or use to work for a budget airline? What is your experience?