The Quantitative Analysis About Profit Of Low Cost Airlines

In first sector, the essay introduces the background and definition oflow cost airlines (LCA). In second sector,the operating features of LCAhave been depicted. Next, the paper uses multiple linear regressionanalysis, in order to get a model about airlines' profit. The model showsthat the operating model of LCA can increase the airline's profit. And theLCA's profit elastics of load factor are greater than traditional airlines'.In the end, the paper analyses the operating character of China'sSpring Airline, and views Spring Airline as first LCA of China. However,the future of China's LCA industry is not clear.