Low-cost air carrier
From EUROCONTROL ATM Lexicon
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Term | low-cost air carrier |
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Synonyms |
low-cost airline |
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Abbreviation
LCC
Definition
An air carrier that has a relatively low-cost structure in comparison with other comparable carriers and offers low fares or rates. Such a carrier may be independent, the division or subsidiary of a major carrier or, in some instances, the ex-charter arm of an airline group.
Definition Source
ICAO (2004) doc. 9626, Manual on the Regulation of International Air Transport
Note
Lexicon Release
Lexicon Release 2015.2