Since their emergence in the US in the mid 1970's there has been\ud significant growth in the low-cost airline sector but with a few notable\ud exceptions low-cost airlines have operated on short-haul routes. This\ud paper examines the extent to which the low-cost model is, or could be,\ud applicable to long-haul operations and whether the recent emergence of\ud long-haul low-cost carriers is a sustainable phenomenon. The authors\ud explore the extent to which elements of the so-called low-cost model\ud might be transferable to long-haul operations. The paper seeks to quantify\ud the potential cost differentials that might be achievable on a long-haul service. The paper also speculates as to the development and\ud sustainability of the low-cost long-haul operations
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