The Rise of Low-Cost Carriers

While many bemoaned the decline in quality, the number of complaints was not exceptionally high compared to the greater number of air travelers. That was because airfares dropped substantially after adjusting for inflation. Consumers have always known that you get what you pay for. Paying cheap fares for no-frills air travel was a bargain accepted by the majority of air travelers. Those who pined for the glamour days of flying always had the option of paying more for first class.

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