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In the current cut-throat prices sensitive and hyper-competitive civil aviation market, this paper goes on to analyze and understand the role played by Low-Cost Carriers. It analyses the rise of the Low-Cost Carrier model in the United States and further the adoption of this model across...
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Pegasus Airlines has been an unique airline, as it changed its business model from a charter airline business model to … a low-cost airline business model and is currently positioned itself with low-cost network carrier business model. The … aim of this study is to examine the change of business model of Pegasus Airlines, which has been operating in airline …
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