Quick Links French bee is the latest in a long string of European long-haul low-cost carriers to operate with this model The carrier has centered its operations on the Airbus A350 family The airline flies to leisure destinations across the globe So what's the bottom line when it comes to the French bee business model? For decades, low-cost carriers have thrived in Europe. They have been protected by pro-competition legislation and by the European judicial system, and they have significantly helped lower the cost of flying for all Europeans. Ryanair, easyJet, Wizz Air, and others have managed to cut costs so dramatically that they can offer tickets at a mere fraction of what legacy airlines would typically force passengers to pay.
Furthermore, these airlines have put downward pressure on legacy airlines to lower fares for all passengers in order to compete on the routes they operate . Get all the latest aviation news from Simple Flying! Interestingly enough, one would think that this increased emphasis on reducing costs and offering lower ticket prices would harm these airlines' ability to achieve sustained profitability. However, the opposite is much more the case.
Low-cost airlines in Europe like Ryanair have historically posted some of the industry's highest profit margins, even during periods when the market as a whole struggled. Today, the largest airlines in the short-haul market in Europe are these budget airlines. They have the largest fleets, serve the most destinatio.
