The low-cost companies emerged for the first time in the USA airlines’ industry, their model being subsequently taken by the world-wide operators. The purpose of the present paper is to analyze the development stages of the USA low-cost operators’ market, identifying the determinants of the...

The globalization process has generated an increase of the international competition, fact that influenced the strategies adopted by the firms. As a consequence, the multinational companies, looking for competitive advantages, decided to locate their production in less developed or developing...