Low-cost Airlines snatching market share in Ningbo

Category: Ningbo News
Published: Tuesday, 07 June 2016 13:28

At the end of May , 2016,Chunqiu Airlines , the largest low-cost airlines announced that its fixed airline between Ningbo and Bangkok was about to be available.
Low-Cost Fight definitely does its trick with its cheap ticket price. Take Ningbo-Bangkok airline as an example. It is shown on  Ctrip that the ticket price listed by a traditional airline company is around 1500RMB (inclusive of tax ).However, according to Chunqiu ,the flight ticket(Ningbo-Bangkok) will be sold on  the official website at the lowest price of 199RMB(exclusive of tax),which means this  total price is less than half of the price of traditional flight tickets.
The price advantage of low-cost airlines is rather evident indeed. It is shown from a random search for the flight from Ningbo to Hong Kong on July 7th that the lowest price is from a low-cost airline company named as Hong Kong Express, which sets its price at 578RMB(inclusive of tax).However, the price for the economic class provided by traditional airline companies is about 1200RMB at least,6000RMB or more at most. According to the recent years’ surveillance by Bureau of Civil Aviation, the average price of low-cost airlines is 30 percent lower than that of traditional all-service –included airlines.
For low-cost airlines , the lower the price gets, the more competitive they get. Apart from the gap of 30 percent between the price of traditional airlines and theirs, the low price itself is well used by  the low-cost airlines for promotion