Low-fare airlines or LFAs are the fastest growing segment of air travel. Also called LCCs or low-cost companies, LFAs currently make up 35% of flights scheduled for intra-EU point-to-point destinations. With the U.S. leading the cheap flying revolution on the 1970s and Europe following suit in the 1990s, many companies have joined in. How do they do it? Read on to find out.
