A policy based on cost cuts and enhanced staff and operational efficiency has enabled a new kind of airline to emerge, spread, and gain an increasing share of the air transport market, both extending the limits of this market and injecting new life into secondary markets such as tourism and real estate.

Are these “low-fare” airlines merely a passing trend, another speculative bubble with no real future? Or are they set to create a new demand within a new, sustainable market?

The Académie Nationale de l’Air et de l’Espace (ANAE) has examined the phenomenon and interviewed its main players in order to find answers to these questions.