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Contestable Markets - BC launches new Trans-Atlantic Low Cost Carrier

Graham Watson

1st June 2017

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It seems that the discounters are getting everywhere, with IAG's Level being the latest entrant to the low-cost carrier market. However, like Norwegian and Eurowings, it is a low cost carrier that is looking to enter the transatlantic market. The reason that the low-cost model has been rolled out is because of advances in technology that have reduced the cost of flying via the Boeing 787 Dreamliner and the Airbus A330 aircraft.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.