United Airlines CEO Scott Kirby told The Wall Street Journal in an interview on Thursday the budget airline model is dead, adding that these “crappy” models “screw the customer.” Kirby’s interview was ...

Southwest Airlines is shaking up its famously simple no-frills model with a new aircraft design that promises a more "elevated" flying experience, with similar upgrades planned for its existing fleet.

One airline CEO is defending his carrier’s business model following months of economic uncertainty that has shook the industry. Frontier Airlines CEO Barry Biffle said Wednesday the ultra-low-cost ...

Competition has led many Limited Liability Companies (LCCs) to adopt attributes of network operators, including frequent flyer programs and, most particularly, the ability to connect with other airlin ...

Investing.com -- Morgan Stanley is questioning whether the low-cost airline and ultra-low-cost airline business model can remain viable in its current form as structural changes in the industry ...