A low-cost carrier ( LCC ) or low-cost airline , also called a budget , or discount carrier or airline , is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fares. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees, such as for carry-on baggage.
120-748: Philippines AirAsia, Inc. is a Philippine low-cost airline based at Ninoy Aquino International Airport in Pasay , Metro Manila . The airline is the Philippine affiliate of the Malaysian AirAsia . The airline started as a joint venture among three Filipino investors and AirAsia Investments Ltd. (later AirAsia Aviation Limited), a subsidiary of AirAsia Berhad . AirAsia Philippines was formally launched on 16 December 2010. On 15 August 2011, AirAsia Philippines took delivery of its first brand-new Airbus A320 aircraft. The airline planned to start operations by 2011 but
240-426: A cost of available seat mile (CASM) advantage in relation to the traditional and established, legacy airlines such as Trans World Airlines and American Airlines . Often this CASM advantage has been attributed solely to the lower labor costs of the newly hired and lower pay grade workers of new start-up carriers, such as ValuJet , Midway Airlines, and their like. However, these lower costs can also be attributed to
360-456: A base in Cagayan de Oro . On 1 July 2019, Philippines AirAsia launched its first flights to Japan, starting with Osaka . On 27 October, it started flying to Bacolod — another former AirAsia Zest destination — and was one of the highlights of that year's MassKara Festival . The COVID-19 pandemic has adversely affected Philippines AirAsia's business. Plans for Philippines AirAsia to debut in
480-854: A domestic legacy airline and one or more foreign investors. By mid-2013, these new LCCs were operating at a unit cost of around 8 yen per seat-kilometer, compared to 10–11 yen per seat-kilometer for domestic legacy airlines. However, their unit cost was still much higher than the 3 yen per seat-kilometer for AirAsia in Malaysia , due to the higher cost of landing fees and personnel in Japan. By 2017, low-cost carriers had achieved market share of 57.2% in South Asia and 52.6% in Southeast Asia. Market share remained somewhat lower in Europe at 37.9% and North America at 32.7%. For
600-583: A fleet shortage, flights to General Santos ended in 2022, while flights to Dumaguete and Zamboanga ended in 2023. On 1 July 2023, Philippines AirAsia transferred its domestic operations at Ninoy Aquino International Airport from the highly congested Terminal 4 to the larger Terminal 2. Although its international flights remained at Terminal 3, it requested to the Manila International Airport Authority (MIAA) to transfer its international flights to Terminal 1 for operational efficiency. This
720-422: A flight on a full-service carrier. Most airlines charge additional taxes and fees on their tickets. Some low-cost airlines have been known to charge fees for the seemingly ridiculous, such as levying a credit card charge if credit card is the only payment method accepted. While tour and package operators have offered lower-priced, lower-frilled traveling for a large part of modern airline history, not until during
840-544: A former music industry executive and TV host. The remaining 40% is owned by AirAsia Investments Ltd. (later AirAsia Aviation Limited) of Malaysia. The Public Service Act of the Philippines, prior to its amendment in 2022, only allowed a foreign direct investment of up to 40% in Philippine-registered airlines. In June 2019, Romero's F&S Holdings bought the shares owned by Alfredo Yao and Hontiveros, thus becoming
960-541: A greater number of add-on fees. In the US market, Allegiant Air , Frontier Airlines , Spirit Airlines , and Sun Country Airlines are considered to be ULCCs. In Europe, Ryanair and Wizz Air are the most prominent ULCCs. In Asia, AirAsia and Lion Air are the most prominent ULCCs. The pricing policy of the low-cost carriers is usually very dynamic as befits their business model, with frequent discounts and tickets in promotion. Like other carriers, however, even if
1080-413: A high urban population make Shenzhen a large port megacity . The logistics industry accounts for around 10.1 percent (178.27 billion RMB) of the city's nominal GDP in 2015, which was an increase of 9.4 percent. Shenzhen Port's first foreign trade blockchain cargo release platform was launched recently. Shenzhen had prioritized the cultural industry in according to the 13th Five-Year Plan, establishing
1200-552: A higher age limit on unaccompanied minors than full-service carriers. Often these airlines do not offer connecting tickets, since the airline will have to pay for ground crew to transfer luggage. A customer may create a connection manually by purchasing two separate tickets, but these are considered separate contracts, and the passenger bears the risk if a delayed inbound flight causes a missed connection. When most countries had national monopolies, crews could negotiate pay raises and good pension benefits (something that costs money for
1320-637: A huge influx of refugees trying to escape to Hong Kong from the upheavals that were occurring in mainland China , and a range from 100,000 to 560,000 refugees resided in the county. In January 1978, a Central Inspection Team sent by the State Council investigated and established the issue of creating a foreign trade port in Bao'an County. In May, the investigation team wrote the "Hong Kong and Macao Economic Investigation Report" and proposed to turn Bao'an County and Zhuhai into commodity export bases. In August 1978,
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#17328851058551440-778: A large-scale reduction of its fleet of Boeing 737 aircraft and operations. In March 2017, International Airlines Group established Level , a long-haul low-cost virtual airline based in Barcelona Airport and serving destinations in North and South America. Long-haul low-cost carriers are emerging on the transatlantic flights market with 545,000 seats offered over 60 city pairs in September 2017 (a 66% growth over one year), compared to 652,000 seats over 96 pairs for Leisure airlines and 8,798,000 seats over 357 pairs for mainline carriers . Former American Airlines CEO Bob Crandall thinks
1560-519: A minimum set of equipment, further reducing costs of acquisition and maintenance, as well as keeping the weight of the aircraft lower and thus saving fuel. Depending on the low-cost airline seats do not recline and do not have rear pockets, to reduce cleaning and maintenance costs. Others have no window shades. Pilot conveniences, such as ACARS , may be excluded. Often, no in-flight entertainment systems are made available, though many US low-cost carriers do offer satellite television or radio in-flight. It
1680-691: A mix of $ 16 million cash and a 13% share in AirAsia Philippines, while AirAsia Philippines now owns 85% of Zest Airways, with 49% of its voting rights. The deal closed on 10 May 2013, and Zest Airways was rebranded AirAsia Zest . The agreement also gave AirAsia Philippines access to Ninoy Aquino International Airport , allowing further growth of its route network. By October 2013, AirAsia Philippines closed its Clark base to reduce further losses, and moved its operations to NAIA, initially at Terminal 4. It later moved its international flights to Terminal 3 by 2014. After two years of operating under separate brands,
1800-460: A page from the mainline, major, or legacy carriers' desire to reduce costs in all ways possible in regards regional route networks by outsourcing regional operations to the lowest expense airline bidder capable of operating regional aircraft, a new generation of low-cost airlines (in name only) soon evolved in the US with varying levels of success. Among these varieties of low-cost and discount operators were noteworthy starts-ups that managed to get off
1920-511: A population of 30,000. In May 1980 the Central Committee designated Shenzhen as the first SEZ in China, which was promoted by then- paramount leader Deng Xiaoping as part of China's reform and opening-up . Its objective is to be an experimental ground for the practice of market capitalism within a community guided by the ideals of socialism with Chinese characteristics . On 26 August,
2040-463: A simpler fare scheme, such as selling only one-way tickets. Typically fares increase as the plane fills up, which rewards early reservations. In Europe (and early in Southwest's history) luggage is not transferred from one flight to another, even if both flights are with the same airline. This saves costs and is thought to encourage passengers to take direct flights. Tickets are not sold with transfers, so
2160-449: A single aircraft type, so that cabin and ground crew will only have to be trained to work on one type of aircraft. This is also beneficial from a maintenance standpoint as spare parts and mechanics will only be dedicated to one type of aircraft. These airlines tend to operate short-haul flights that suit the range of narrow-body (single aisle) planes. As of lately, however, there is also a rise in demand for long range low-cost flights and
2280-670: A sub-provincial city, the National People's Congress (NPC) in 1981 granted legislative powers to Shenzhen and other Special Economic Zones, giving the city the privilege to make its own laws and regulations. The Standing Committee of the NPC also granted Shenzhen voted and passed the "Decision on Authorizing the Shenzhen Municipal People's Congress and its Standing Committee and the Shenzhen Municipal People's Government to respectively formulate laws and regulations for implementation in
2400-752: A week, and Melbourne thrice weekly. On 11 March 2009, AirAsia X started its first low-cost long-haul service into Europe, to London Stansted . The daily flights are operated by two leased Airbus A340 -300s. A one-way economy-class ticket often costs £150, and the premium-class one-way often costs £350. On 12 January 2012, AirAsia announced that it would be suspending services to London on 1 April 2012. Low-cost European airline, Norwegian Air Shuttle , started long-haul low-cost operations in May 2013 under their Norwegian Long Haul arm. Norwegian initially operated flights to Bangkok and New York from Scandinavia using leased Airbus A340 aircraft, switching to new Boeing 787s in
2520-547: Is a city in Guangdong , China. A special economic zone , it is located on the east bank of the Pearl River estuary on the central coast of Guangdong, bordering Hong Kong to the south, Dongguan to the north, Huizhou to the northeast, and Macau to the southwest. With a population of 17.5 million in 2020, Shenzhen is the third most populous city by urban population in China after Shanghai and Beijing . The Port of Shenzhen
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#17328851058552640-575: Is also becoming a popular approach to install LCD monitors onto the aircraft and broadcast advertisements on them, coupled with the traditional route–altitude–speed information. Some allow priority boarding for an extra fee instead of reserved seating, and some allow reserving a seat in an emergency exit row (for longer leg room) at an extra cost. Like the major carriers, many low-cost carriers develop one or more bases to maximize destination coverage and defend their market. Many do not operate traditional hubs , but rather focus cities . Airlines often offer
2760-637: Is considered the paradigmatic example of the 1980s approach to urbanization. In December 1990, under the authority of the China Securities Regulatory Commission , the Shenzhen Stock Exchange was established to provide a platform for centralized securities trading. In February 1992, the Standing Committee of the NPC granted the government of Shenzhen the power to make local laws and regulations. In 1996 and early 1997,
2880-423: Is dry. The annual precipitation averages at around 1,933 mm (76 in), some of which is delivered in typhoons that strike from the east during summer and early autumn. Extreme temperatures have ranged from 0.2 °C (32 °F) on 11 February 1957 to 38.7 °C (102 °F) on 10 July 1980. Like all governing institutions in mainland China , Shenzhen has a parallel party-government system, in which
3000-685: Is now Dongguan city, although a military garrison remained. During the Song dynasty , Nantou and the surrounding area became an important trade hub for salt and spices in the South China Sea . The area then became known for producing pearls during the Yuan dynasty . In the early Ming era, Chinese sailors of a fleet would go to a Mazu temple in Chiwan (in present-day Nanshan District ) to pray as they go to Nanyang ( Southeast Asia ). The Battle of Tunmen , when
3120-678: Is part of the 21st Century Maritime Silk Road that runs from the Chinese coast south to the tip of India via the Suez Canal to the Mediterranean, there to the Upper Adriatic region to the northern Italian hub of Trieste with its rail connections to Central Europe and the North Sea . As of August 2023, Shenzhen has the seventh-most Fortune Global 500 headquarters of any city in the world and
3240-503: Is the world's fourth busiest container port . Shenzhen roughly follows the administrative boundaries of Bao'an County , which was established in imperial times. After the Opium Wars , the southern portion of Bao'an County was occupied by the British government and became part of British Hong Kong , while the village of Shenzhen was next to the border. Shenzhen turned into a city in 1979. In
3360-529: Is the home to the Shenzhen Stock Exchange , one of the largest stock exchanges in the world by market capitalization and the Guangdong Free-Trade Zone . Shenzhen is ranked as an Alpha- ( global first-tier ) city by the Globalization and World Cities Research Network . Its nominal GDP has surpassed those of its neighboring cities of Guangzhou and Hong Kong and is now among those of the cities with
3480-400: Is the reduction of cost and reduced overall fares compared to legacy carriers. Traditional airlines have also reduced their cost using several of these practices. Most low-cost carriers operate aircraft configured with a single passenger class, and some low-cost carriers choose to operate more than one type and configure their aircraft with more than one passenger class, but most operate just
3600-420: Is well known for using fuel hedging programs to reduce its overall fuel costs. Check-in at the gate of luggage requires fees, as it requires addition to the weight calculation and last-minute baggage handling. Online check-in is becoming common, again in the interest of avoiding personnel costs. Where permissible, some airlines have a disinclination to handle Special Service passengers, for instance by placing
3720-456: Is why Ryanair flies to Gatwick Airport , Luton Airport , and Stansted Airport in the London area and how easyJet is able to fly to Paris-Charles de Gaulle , and Amsterdam Airport Schiphol . In London's case however, low-cost carriers would not be able to use Heathrow as the airport is running at near capacity, so there is no room to build a base. The airlines tend to offload, service and re-load
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3840-552: The 2011 Summer Universiade and the China Hi-Tech Fair. A large portion of Shenzhen's population are migrants from all over China, and the city's population structure skews younger than most places in China. The earliest known recorded mention of the name chen could date from 1410, during the Ming dynasty . Locals call the drains in paddy fields "Zhen" ( Chinese : 圳 ; lit. 'ditch', 'drain'). Shenzhen
3960-662: The 26th Universiade , an international multi-sport event organized for university athletes. In April 2015, the Shekou Industrial Zone and the Qianhai Zone were integrated within the newly established Guangdong Free-Trade Zone . On 18 August 2019 the central government in Beijing unveiled reform plans covering economic, social, and political sectors of Shenzhen, labeling Shenzhen a pilot demonstration zone for socialism with Chinese characteristics. Shenzhen roughly follows
4080-637: The CCP Committee Secretary , officially termed the Chinese Communist Party Shenzhen Municipal Committee Secretary, outranks the Mayor. The CCP committee acts as the top policy-formulation body, and is typically composed of 12 members (including the secretary). Despite being a sub-provincial city , Shenzhen as a SEZ still wields a lot of autonomy from the central government. In addition to being promoted to
4200-547: The Eastern Jin administration split up Nanhai and established a new Dongguan Commandery [ zh ] (东官郡). The seat of both the commandery and Bao'an County, one of its six counties, was located around the modern town of Nantou. In 590, the Sui administration merged the region back into Nanhai. In 757, the Tang administration renamed the county Dongguan, and moved its seat to what
4320-826: The European Commission , the LCCs market share (44.8%) exceeded legacy carriers (42.4%) in 2012: between 2002 and 2017, LCC share of international seat capacity rose from 23% to 57% in the UK, from 10% to 55% in Italy and from 9% to 56% in Spain but have still room for growth in domestic seat-capacity In France with 19% and in Germany with 25% in 2017, compared with 66% in the UK, 48% in Spain and 47% in Italy. By early 2019, there were more than 100 LCCs operating 6,000 aircraft, doubled from 2,900 aircraft at
4440-707: The Huiyang District Committee reported to the Provincial Committee on the "Report on the Request for the Change of Bao'an County to Shenzhen". On 18 October, the Standing Committee of the Guangdong Provincial Party Committee decided to change Bao'an County into Bao'an City and to turn it into a medium-level prefecture-level city with a foreign trade base. The Huiyang District Committee and
4560-672: The Lo Wu Bridge in Shenzhen, though this was detonated by the British, preventing the Japanese from entering Hong Kong. In 1953, four years after the founding of the People's Republic of China , the Bao'an County government decided to move to Shenzhen, since the town was closer to the KCR and had a larger economy than Nantou. From the 1950s to the end of the 1970s, Shenzhen and the rest of Bao'an County oversaw
4680-470: The Pearl River Delta , bordering Hong Kong to the south, Huizhou to the north and northeast, Dongguan to the north and northwest. Lingdingyang and Pearl River to the west and Mirs Bay to the east and roughly 100 kilometres (62 mi) southeast of the provincial capital of Guangzhou . As of the end of 2017, the resident population of Shenzhen was 12,528,300, of which the registered population
4800-969: The Philippine Stock Exchange within 2020 was deferred in March, with the airline management deciding to focus on expanding its domestic operations after a government ban on China and South Korea in response to the worsening health situation threatened 30% of the airlines' revenue. It also retrenched 624 employees due to the pandemic. Flights to General Santos and Zamboanga City — which were originally set to launch in March — began in October. As travel restrictions eased in 2022, Philippines AirAsia started to rebuild its network by adding more flights, launching flights to Dumaguete and Roxas City , and resuming most international flights starting 27 May 2022. In February 2023, it launched daily flights to Tokyo , and resumed flights to Guangzhou , Shenzhen , and Macau . Amid
4920-607: The Shenzhen Guesthouse Hotel in Shenzhen was home to the Provisional Legislative Council and Provisional Executive Council of Hong Kong in preparation for the handover of Hong Kong in 1997. By 2001, as a result of Shenzhen's increasing economic prospects, increasing numbers of migrants from mainland China chose to go to Shenzhen and stay there instead of trying to illegally cross into Hong Kong. There were 9,000 captured border-crossers in 2000, while
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5040-604: The Standing Committee of the National People's Congress (NPC) approved the "Regulations of the Guangdong Special Economic Zone." In March 1981 Shenzhen was promoted to a sub-provincial division . There were plans for Shenzhen to develop its currency, but the plans were shelved due to the risk and the disagreement that a country should not be operating with two currencies. To enforce law and order in
5160-881: The UK and Canada for £89. In August 2006, Zoom announced a UK subsidiary to offer low-cost long-haul flights to the United States and India, but suspended its operations from 28 August 2008 due to high fuel prices inducing financial problems. In 2005, Emirates ' Tim Clark viewed long-haul low-cost as inevitable, flights could be operated on 760 seats all-economy Airbus A380s , or 870 for an hypothetical A380 stretch. Since 2005, Australia's Jetstar Airways operates international flights, starting with Christchurch , New Zealand. In late 2006, others followed from Sydney , Melbourne and Brisbane , to popular tourist destinations within 10 hours like Honolulu , Japan, Vietnam , Thailand and Malaysia . With new aircraft deliveries, it hopes to fly to
5280-735: The Yantian International Container Terminals , the Chiwan Container Terminals, the container terminals of the Shekou Industrial Zone , the China Merchants Port , and Shenzhen Haixing . The Port of Shenzhen is therefore capable of handled a record volume of containerization . With rising trade increased cargo shipments in 2005, the container port was ranked as the world's fourth-busiest container port . High port traffic levels combined with
5400-549: The death penalty with a two-year reprieve for accepting bribes up to US$ 5.4 million. Shenzhen has direct jurisdiction over nine administrative Districts and one New District : Shenzhen was originally Bao'an County . On 5 March 1979, the State Council of the People's Republic of China dissolved the county and set up the city of Shenzhen in its place initially with six districts: Luohu ( 罗湖 ), Nantou ( 南头 ), Songgang ( 松岗 ), Longhua ( 龙华 ), Longgang ( 龙岗 ), and Kuiyong ( 葵涌 ), with
5520-550: The "Regulations on Vigorously Developing Foreign Trade to Increase Foreign Exchange Income" and agreed to pilot the first special economic zones (SEZ) in Shenzhen, Zhuhai, Shantou, and Xiamen . In November, Shenzhen was elevated to the status of prefecture-level city at the regional level by the Guangdong provincial administration. Hundreds of small villages nearby, such as Yumin Cun, were incorporated into Shenzhen. In 1980, Shenzhen had
5640-449: The Bao'an County Committee, however, defended the change to rename Bao'an County to Shenzhen, claiming that people in the world know more about Shenzhen and its port than they know about Bao'an County. On 23 January 1979, the Guangdong provincial administration and the district of Huiyang announced their proposal to rename Bao'an County to Shenzhen and was approved and put into effect by the State Council on March 5 of that year. Also,
5760-533: The China International High-tech Achievements Fair, which showcases high-tech products and provides for dialogue and investment for high-tech. As a result, Shenzhen is dubbed by media outlets as "China's Silicon Valley " or the "Silicon Valley of Hardware" for the world. Shenzhen is home to a number of large financial institutions, such as China Merchants Bank and Ping An Insurance and its subsidiary Ping An Bank . Since
5880-602: The Guangzhou People's Intermediate Court charged former Shenzhen Deputy Mayor Wang Ju with bribery and abuse of power and sentenced him to 20 years in prison. In June 2005, the Shenzhen People's Intermediate Court charged sentenced Luohu District Public Security Director An Huijun to 15 years in prison for accepting bribes. In May 2011, the Zhengzhou Intermediate Court sentenced former mayor Xu Zongheng to
6000-468: The Irish Aviation Authority. As supply increases, this sort of differentiation by brand is an important criteria for the future success of low-cost carriers, since many experts believe price competition alone is not enough, given the number of carriers. As the number of low-cost carriers has grown, these airlines have begun to compete with one another in addition to the traditional carriers. In
6120-604: The Middle East and 12% within Africa. A long-haul low-cost operation would be harder to differentiate from a conventional airline as there are few cost savings possibilities, while the seat costs would have to be lower than the competition. Long-haul aircraft scheduling is often determined by time zone constraints, like leaving the US East Coast in the evening and arriving in Europe
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#17328851058556240-469: The Ming won a naval battle against invading Portuguese , was fought south of Nantou. To prevent a rebellion from Ming loyalists under Zheng Chenggong , better known as Koxinga, on the Chinese coast, the recently established Qing administration resettled coastal residents inland and re-organized coastal counties. As a result, Bao'an County lost two-thirds of its territory to the neighboring Dongguan and
6360-445: The Philippines, to provide free shuttle service for inbound and outbound passengers of Clark International Airport. Within that year, in addition to its first two destinations, AirAsia Philippines launched flights to Puerto Princesa , Kuala Lumpur , Hong Kong , Singapore , and Taipei . On 11 March 2013, an agreement was made between AirAsia Philippines to swap shares with Philippine-based airline Zest Airways . Zest Airways received
6480-601: The Shenzhen Fashion Creative Industry Association (深圳市时尚文化创意协会) and planning the 4.6 square-kilometer Dalang Fashion Valley (大浪时尚创意城). On 7 December 2008, UNESCO approved Shenzhen's entrance into the Creative Cities Network , and awarded the Shenzhen the title of "United Nations Design Capital." Altogether, the cultural industry in turn contributes to 5.8 percent (102.116 billion RMB) of Shenzhen's economy in 2015. Shenzhen-based video game developer Game Science released Black Myth: Wukong , which achieved significant commercial success on its August 20, 2024 release. The game
6600-466: The Shenzhen Special Economic Zone" in order to give fully strengthen Shenzhen's legislative powers without interference from the central government. There were several cases of high-ranking Shenzhen officials that were arrested on charges relating to corruption. In December 2002, the Shenzhen People's Intermediate Court sentenced Zhao Yucun, former Commissioner of Shenzhen Customs, to life imprisonment for taking bribes of 9 million RMB . In November 2003,
6720-404: The State Council dissolved the "second line," and expanded the Shenzhen SEZ to include all districts, a five-fold increase over its pre-expansion size. On 26 August 2010, on the 30th anniversary of the establishment of the Shenzhen SEZ, the State Council approved the "Overall Development Plan for Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone." In August 2011, the city hosted
6840-410: The State Council, Shenzhen re-organized Longhua New District as Longhua District and Pingshan New District as Pingshan District on 11 October 2016 and Guangming New District as Guangming District on 24 May 2018, therefore becoming their own jurisdictions. Shenzhen was the first of the Special Economic Zones (SEZ) to be established by then paramount leader Deng Xiaoping . Back to Apr 1979, Shenzhen
6960-399: The US, airlines have responded by introducing variations to the model. In Europe, the emphasis has remained on reducing costs and no-frills service. A secondary term ultra low-cost carrier ( ULCC ) has been used to differentiate some low-cost airlines whose model deviates further from that of a standard low-cost carrier, with ultra low-cost carriers having minimal inclusions in the fare and
7080-408: The United Kingdom, and leased the New Territories from Xin'an to the United Kingdom for 99 years. Xin'an was briefly occupied by a British force under the command of Henry Arthur Blake , the governor of Hong Kong , for half a year in 1899. From the 3,076 square kilometres (1,188 sq mi) of territory that Xin'an held before the treaties, 1,055.61 square kilometres (407.57 sq mi) of
7200-407: The administrative boundaries of the historical Bao'an County . The southern portion of Bao'an County became part of British Hong Kong after the Opium Wars , while the village of Shenzhen was on the border. Shenzhen railway station was the last stop on the mainland Chinese section of the Kowloon–Canton Railway , and Shenzhen's economy grew and it became a city by 1979. Shenzhen is located within
7320-440: The advertised base prices are very low, charges and taxes are typically not mentioned. With some airlines, some flights are advertised as free (plus applicable taxes, fees and charges). Depending on the airline, perhaps as many (or as few) as ten percent of the seats on any flight are offered at the lowest price and are the first to sell. The prices steadily rise thereafter to a point where they can be comparable or more expensive than
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#17328851058557440-673: The aircraft (turnaround) in shorter time periods and do not wait for late passengers, allowing maximum utilization of aircraft. Low-cost carriers generate ancillary revenue from a variety of activities, such as à la carte features and commission-based products. Some airlines may charge a fee for a pillow or blanket or for carry-on baggage. In Europe, it is common for each and every convenience and service to have an additional charge. Low-cost carriers intend to be low-cost, so in many cases employees work multiple roles. At some airlines flight attendants also work as gate agents or assume other roles, thereby limiting personnel costs. Southwest Airlines
7560-676: The airline can avoid responsibility for passengers' connections in the event of a delay. Low-cost carriers often have a sparse schedule with one flight per day and route, so it would be hard to find an alternative for a missed connection. Modern US-based low-cost carriers generally transfer baggage for continuing flights, as well as transferring baggage to other airlines. Many airlines opt to have passengers board via stairs, since jetways generally cost more to lease. Often, low-cost carriers fly to smaller, less congested secondary airports and/or fly to airports during off-peak hours to avoid air traffic delays and take advantage of lower landing fees . This
7680-462: The airline's headquarters since October 2019; the airline was previously headquartered at the Salem Complex near NAIA Terminal 4. The airline is a joint venture between three Filipino businessmen and AirAsia. 60% of the airline is owned by Filipino investors Antonio O. Cojuangco, Jr., former owner of Associated Broadcasting Company and owner of Dream Satellite TV , Michael L. Romero , a real estate developer and port operator, and Marianne Hontiveros,
7800-573: The airlines only in the long term). During this period, most passengers were business travellers who paid high fares that covered these costs. After deregulation, which led to lower fares, many airlines remained bound to these salary agreements and pensions, whereas new low-cost carriers employed new staff with lower salaries, especially for cabin crew, keeping personnel costs low and allowing for competitive fares. In some cases airlines have gone bankrupt (e.g., Alitalia , Sabena , and Swissair ), and new airlines replaced them. Traditional carriers followed
7920-434: The area that is now Shenzhen over 600 years ago. The Hakka people also have a history in Shenzhen since 300 years ago when they first immigrated. In 214 BC, when Emperor Qin Shi Huang unified China under the Qin dynasty , the area was submitted to the jurisdiction of the established Nanhai Commandery , one of the three commanderies that were set up in Lingnan , and was assimilated into Zhongyuan culture. In 331 AD,
8040-479: The availability of next generation planes that make long haul routes more feasible for LCCs. In the past, low-cost carriers tended to operate older aircraft purchased second-hand, such as the McDonnell Douglas DC-9 and older models of the Boeing 737 . Since 2000, fleets generally consist of the newest aircraft, commonly the Airbus A320 family and Boeing 737. Although buying new aircraft is usually more expensive than second-hand, new planes are cheaper to operate in
8160-448: The city limits with a total capacity of 525 million tonnes. Notable rivers in Shenzhen include the Shenzhen River , Maozhou River and Longgang River. Although Shenzhen is situated about a degree south of the Tropic of Cancer , due to the Siberian anticyclone it has a warm, monsoon -influenced, humid subtropical climate ( Köppen Cwa ) though it is fairly close to a Tropical one. Winters are mild and relatively dry, due in part to
8280-514: The city merged Shekou Management Area and Nantou Management Area to form the Nanshan District , renamed Shangbu Management Area to the Futian District , and merged Luohu Management Area and Shatoujiao Management Area to form the Luohu District . In December 1992, Bao'an County was dissolved again, with its area taken by Shenzhen and split into two new districts: Bao'an District and Longgang District , though economic privileges within special economics zones did not pertain to them as they were outside
8400-484: The city receives 1,853 hours of bright sunshine annually. The monsoon reaches its peak intensity in the summer months, when the city also experiences very humid and hot conditions. Despite this, extreme heat is rare, there are only 2.4 days of 35 °C (95 °F)+ temperatures. The region is prone to torrential rain as well, with 9.7 days that have 50 mm (1.97 in) or more of rain, and 2.2 days of at least 100 mm (3.94 in). The latter portion of autumn
8520-455: The city would establish six districts: Luohu , Nantou, Songgang, Longhua , Longgang and Kuiyong. On 31 January 1979, the Central Committee of the Communist Party approved a plan to establish the Shekou Industrial Zone in Shenzhen with the purpose "to lead domestic, overseas, and diversified operations, industrial and commercial integration, and trading" based on the systems of that of Hong Kong and Macau . The Shekou Industrial Zone project
8640-619: The city's establishment as a SEZ, a number of foreign banks had established offices in the city, including Citibank , HSBC , Standard Chartered , and Bank of East Asia . In total, the financial industry accounts for 14.5% of the city's nominal GDP in 2015 (254.282 billion RMB), which was a 15.9% increase over the previous year. By the end of 2016, the total assets of the financial industry amounted to 12.7 trillion RMB (banking industry assets were 7.85 trillion RMB, security companies assets were 1.25 trillion RMB, and insurance industry assets were 3.6 trillion RMB), making Shenzhen's financial industry
8760-440: The city, the Shenzhen government erected a border known as the second line ( Chinese : 二线关 ), which consisted of barbed wire and checkpoints between the city and the rest of China. Initially, the border control was relatively strict, requiring non-Shenzhen citizens to obtain special permissions for entering. Over the years, border controls have gradually weakened, and permission requirement has been abandoned. In January 1990,
8880-542: The city, the Shenzhen government erected barbed wire and checkpoints between the land borders of the main sections of the SEZ and the SEZ outskirts, as well as the rest of China, in 1983, which was known as the second line border. Much of Shenzhen's urban development in the 1980s focused in the area around the old border crossing and the market town. According to academic Richard Hu, whose research focuses on urbanization , in official discourses on urbanization in China , Shenzhen
9000-592: The continental US and Europe . In April 2006, the industry magazine Airline Business analysed the potential for low-cost long-haul service and concluded that a number of Asian carriers, including AirAsia, were closest to making such a model work. On 26 October 2006, Oasis Hong Kong Airlines started flying from Hong Kong to London-Gatwick . The lowest prices for flights between Hong Kong to London could be as low at £75 (approximately US$ 150) per leg (not including taxes and other charges) for economy class and £470 (approximately US$ 940) per leg for business class for
9120-526: The county was ceded to the British. In response to the Wuchang Uprising in 1911, Xin'an residents rebelled against the local Qing administration and successfully overthrew them. In the same year the Chinese section of the Kowloon–Canton Railway (KCR) was opened to the public. The last stop on the Chinese side was Shenzhen railway station , helping the town's economy and opened Shenzhen up to
9240-408: The early 1980s, economic reforms introduced by Deng Xiaoping resulted in the city becoming the first special economic zone of China due to its close proximity to Hong Kong, attracting foreign direct investment and migrants searching for opportunities. In thirty years, the city's economy and population boomed and has since emerged as a hub for technology, international trade, and finance. Shenzhen
9360-410: The economic output of Shenzhen the third largest out of Chinese cities, trailing behind Shanghai and Beijing . In addition, Shenzhen's GDP growth between 2016 and 2017 of 8.8% surpassed that of Hong Kong and Singapore , with 3.7% and 2.5% respectively. With a market capitalization of US$ 2.5 trillion as of 30 November 2018, the Shenzhen Stock Exchange (SZSE) is the 8th largest exchange in
9480-616: The end of Skytrain . In late 2007, Cebu Pacific , the Philippines ' largest low-cost carrier, announced non-stop flights from the Philippines to the United States West Coast and other US cities from mid-2009. The airline also intends to launch low-cost service to Middle East , where around a million Filipinos are based, and in Europe. Flights to Dubai — its first long-haul destination — started in 2013. As of September 2024, it operates flights to Dubai daily, to Sydney four times
9600-601: The end of 2009, while seat capacity reached nearly 1.7 billion in 2018. LCCs accounted for 33% of intra-regional seat capacity in 2018 with 1.564 billion, up from 25% in 2008 with 753 million, and 13% of seat capacity between regions with 101 million, up from 6% in 2009 with 26 million. In 2018, penetration rate was 41% of seats within Europe, 36% within Latin America, 32% within North America, 29% within Asia Pacific, 17% within
9720-596: The existing unused border structures have been demolished and are being transformed into urban greenspaces and parks. On 15 January 2018, the State Council approved the removal of the barbed wire fence set up to mark the boundary of the SEZ. In early 2011, the provincial government of Guangdong approved the establishment of the Shenzhen-Shantou Special Cooperation Zone in the city and SEZ of Shantou , Guangdong that will last until 2040 with
9840-463: The fifth-highest number of billionaires of any city in the world. Shenzhen's nominal GDP is projected to be among the world top 10 largest cities in 2035 (together with Beijing , Shanghai and Guangzhou in China) according to a study by Oxford Economics and its nominal GDP per capita will reach above US$ 57,000 (ranking first in mainland China) in 2030, which is comparable to Tokyo and Seoul. Shenzhen
9960-1183: The following aircraft: Low-cost airline The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. The term is often applied to any carrier with low ticket prices and limited services regardless of their operating models. Low-cost carriers should not be confused with regional airlines that operate short-haul flights without service, or with full-service airlines offering some reduced fares. Some airlines advertise themselves as low-cost while maintaining products usually associated with traditional mainline carriers’ services. These products include preferred or assigned seating , catering, differentiated premium cabins , satellite or ground-based Wi-Fi internet, and in-flight audio and video entertainment . The term ultra low-cost carrier ( ULCC ) has been used, particularly in North America and Europe to refer to carriers that do not provide these services and amenities. The low-cost carrier business model practices vary widely. Some practices are more common in certain regions, while others are generally universal. The common theme among all low-cost carriers
10080-561: The following morning, and the longer flight times mean there is less scope to increase aircraft utilization as in short-haul. The business model is financially risky , and many companies have entered bankruptcy , like Laker Airways . In 2004, Irish Aer Lingus maintains a full service on transatlantic flights while it lowered its prices to compete with Ryanair on short haul. Late in 2004, Oasis Hong Kong Airlines offered London to Hong Kong flights from £199, and Canadian Zoom Airlines started selling transatlantic flights between
10200-401: The ground by using the larger aircraft services of established charter airlines. Among this group were the virtual airlines ; Direct Air , PeoplExpress , Western , and those that never began service such as JetAmerica . In Japan, low-cost airlines made major inroads into the market in 2012 when Peach , Jetstar Japan and AirAsia Japan began operations, each with financial sponsorship by
10320-530: The influence of the South China Sea , and frost is very rare; it begins dry but becomes progressively more humid and overcast. However, fog is most frequent in winter and spring, with 106 days per year reporting some fog. Early spring is the cloudiest time of year, and rainfall begins to dramatically increase in April; the rainy season lasts until late September to early October. With monthly percent possible sunshine ranging from 27 percent in March to 53 percent in October,
10440-623: The legacy carriers will force Long-haul LCCS to lose too much money and will continue to dominate. While Asian carriers like AirAsia X, Scoot , Cebu Pacific and Jetstar Airways are successful, the October 2018 demise of Primera Air and its $ 99 transatlantic flights illustrates the difficulties of the model, as the US World Airways will be relaunched in 2019. Norse Atlantic Airways was founded in 2021 and commenced operations in 2022, operating transatlantic flights as well as flights to Thailand beginning in 2023. Shenzhen Shenzhen
10560-712: The less complex aircraft fleets and route networks with which these new carriers began operations, in addition to their reduced labor costs. To combat the new round of low-cost and start-up entrants into the very competitive and deregulated United States airline industry, the mainline major carriers and network legacy carriers strategically developed no-frills divisions within the main airlines brand and corporate structures. Among these were Continental Lite , Delta Express , MetroJet , Shuttle by United , Song , and Ted . However, most of these "airlines within an airline" were short-lived and quickly disposed-of when economic rationalization or competitive pressures subsided. Taking
10680-485: The long run since they are extremely efficient in terms of fuel, training, maintenance, and crew costs per passenger. In 2013, ch-aviation published a study about the fleet strategy of low-cost carriers. They stated that major LCCs that order aircraft in large numbers get large discounts for doing so, and due to this they can sell their aircraft just a few years after delivery at a price high enough to keep their operating costs relatively low. Aircraft often operate with
10800-666: The low-cost carriers by enabling web check-in, encouraging machine check-in at the airport, and generally reducing ground personnel cost. The number of crew members follow international conventions that require one flight attendant per 50 passenger seats and two pilots. However, carriers can save money by reducing the amount of ground crew. Carriers hire pilots through third-party agencies based in low-tax countries without benefits for sick pay, pensions or health insurance. Traditional carriers have also started to try this, including starting their own low-tax agencies. These agencies can easily find less experienced co-pilots and cabin crew, as
10920-435: The new majority shareholder in the company. Four months later, Romero acquired Cojuangco's shares, becoming the sole local owner (and parent company ) of the airline. In June 2023, F&S Holdings sold all of its shares to AA Com Travel Philippines for an undisclosed amount. As of November 2024, Philippines AirAsia flies (or has flown) to the following destinations: As of November 2024, Philippines AirAsia operates
11040-424: The post– Vietnam War era did this business model escalate. Through various ticket consolidators, charter airlines , and innovators in lower-frills flying, such as Channel Airways and Court Line , the traveling public had been conditioned to want to travel to new and increasingly further away and exotic locations on vacation, rather than short-haul trips to nearby beach resorts. The world's first low-cost airline
11160-868: The profession is popular, but there are problems for low-cost carriers to recruit and keep captains who have to be experienced. At IATA , a LCC operation is defined as including the following characteristics, at least to some degree: While low-cost airlines differ in service offerings, by definition they feature most of the following: Not every low-cost carrier implements all of the above points. For example, some try to differentiate themselves with allocated seating, while others operate more than one aircraft type, still others have relatively high operating costs but lower fares. JetBlue , for instance, has in-flight entertainment in every passenger seat. Other airlines are limited on what points they can implement based on local laws. For example, Irish low cost airlines cannot remove window blinds from its aircraft, as they are required by
11280-410: The purpose of economic development. The zone would be managed by Shenzhen and another Cantonese city, Shanwei . The zone is under the jurisdiction of Shenzhen instead of Shantou, with residents living there considered to be permanent residents of Shenzhen. The Shenzhen government later established two new districts on 27 October 2011, Longhua New District and Dapeng New District . With approval of
11400-576: The same figure was 16,000 in 1991. Around the same time, Shenzhen hosted the second Senior Officials' Meeting of APEC China 2001 on 26 May 2001 in its southern manufacturing center and port. In May 2008, the State Council approved the Shenzhen SEZ to promote Shenzhen's administrative management system, economic system, social field, independent innovation system and mechanism, system and mechanism for opening up and regional cooperation, and resource conservation and environmental friendliness. On 1 July 2010
11520-494: The same route. From 28 June 2007, a second long-haul route to Vancouver, British Columbia , was started. The company ceased operations on 9 April 2008, after over a billion Hong Kong dollars in losses. On 2 November 2007, AirAsia X , a subsidiary of AirAsia and Virgin Group flew its inaugural flight from Kuala Lumpur , Malaysia, to Gold Coast , Australia. AirAsia X claims that it is the first true low-cost long-haul carrier since
11640-482: The seat based in Luohu. In October 1981, Bao'an County was re-established, with its region now based outside Shenzhen. In June 1983, the districts were dissolved and re-established instead as five management areas ( 管理区 ): Shekou ( 蛇口 ; south-west Shenzhen), Nantou ( 南头 ; west Shenzhen), Shangbu ( 上步 ; central Shenzhen), Luohu ( 罗湖 ; east-central Shenzhen), and Shatoujiao ( 沙头角 ; far-east Shenzhen). To enforce law and order in
11760-403: The second half of 2013 after Boeing resumed deliveries following extensive problems and delays. It served direct routes from the United States ( Los Angeles , Fort Lauderdale , New York City , Oakland-San Francisco , Boston and Orlando ) into Scandinavia ( Oslo , Stockholm , Copenhagen ). In January 2021 Norwegian announced the immediate cessation of their long-haul operations, along with
11880-560: The second line border are referred to as guannei ( 关内 ; 'within the border') while districts that are outside the second line and do not have special economic privileges such as Bao'an and Longgang are referred to as guanwai ( 关外 ; 'outside the border'). The Shenzhen government later established two new districts as part of the guanwai : Guangming New District in August 2007 and Pingshan New District in June 2009. On 1 July 2010,
12000-459: The second line border was dissolved, and the Shenzhen SEZ was expanded to cover the entire city. Therefore, the four guanwai districts Bao'an District, Longgang District, Guangming New District, and Pingshan New District, would be given special economic privileges like the guannei districts. The area of the Shenzhen SEZ also increased from 396 square kilometres (153 sq mi) to 1,953 square kilometres (754 sq mi). Since June 2015,
12120-598: The second line border. At this point, Shenzhen has five districts: Luohu, Futian, Nanshan, Bao'an, and Longgang. In March 1998, Shenzhen's government created the Yantian District from the eastern portions of the Luohu District (the original area of the Shatoujiao Management District), and within the second line border. Yantian, Luohu, Futian, and Nanshan together as the special economic districts within
12240-506: The strike committee to create a blockade around Hong Kong. In 1931 Chen Jitang and his family established several casinos in Shenzhen, the largest of which being Shumchun Casino. During World War II , the Japanese occupied Shenzhen and Nantou , forcing the Bao'an County government to relocate to the neighboring Dongguan County. In 1941, the Japanese army tried to cross into Hong Kong through
12360-504: The ten largest economies in the world. Shenzhen also has the eighth most competitive and largest financial center in the world, the seventh-most Fortune Global 500 headquarters, fifth-highest number of billionaires , the second largest number of skyscrapers , the 19th largest scientific research output , and several higher education institutions , including Shenzhen University , Southern University of Science and Technology , and Shenzhen Technology University . Shenzhen railway station
12480-439: The third largest in China. Shenzhen is one of the world's top ten financial centers as of 2019, jumping five places to ninth place as determined by "variety of areas of competitiveness, including business environment, human capital, infrastructure, financial sector development and reputation." SF Express and China International Marine Containers (CIMC) have their headquarters in Shenzhen. The Port of Shenzhen comprises
12600-424: The third-most in China after (Beijing and Shanghai) within its city limits. Shenzhen's industry is described by its Municipal Bureau of Statistics to be upheld by its four-pillar industries: high tech , finance , logistics , and culture . Shenzhen is a large hub of the Chinese and global technology industry and home to a large startup ecosystem. As of 2020 the city was ranked as the 4th Fintech powerhouse in
12720-624: The two airlines merged to a single AOC in September 2015, with the AirAsia Zest brand being retired in December. It continued its domestic and international expansion; in March 2017, the airline launched flights to Caticlan — the closest airport to Boracay , and reopened its Clark base. In October 2017, it began flying to Iloilo — a destination once served by AirAsia Zest, and started flying to Ho Chi Minh City in November. The following year, it opened
12840-471: The world. In the 2021 Global Financial Centres Index , Shenzhen was ranked as having the 8th most competitive and largest financial center in the world and 6th in Asia & Oceania region (after Shanghai, Hong Kong, Singapore, Beijing, and Tokyo). As of 2020, Shenzhen is ranked as an Alpha- ( global first-tier ) city by the Globalization and World Cities Research Network . According to Forbes , Shenzhen has
12960-681: The world. In 1913, the Republic of China administration renamed Xin'an County back to Bao'an County to prevent confusion from another county of the same name in Henan Province. During the Canton–Hong Kong strike , the All-China Federation of Trade Unions set up a reception station for strike workers in Hong Kong in Shenzhen. Strike workers were also given pickets and armored vehicles by
13080-525: The world. Shenzhen is primarily known for its high-tech industry, which has a value of 585.491 billion RMB (US$ 82.9 billion) in 2015, a 13 percent increase compared to last year. Out of the nominal GDP of 1,750.299 billion RMB in 2015 the high-tech industry generated 33.4 percent. Shenzhen is home to a number of prominent tech firms, such as Huawei , Tencent , DJI , and ZTE . Other tech firms include personal computer manufacturer Hasee , Hytera , OnePlus , and BYD Company . Shenzhen annually holds
13200-523: Was Bill Clinton , later US President. The first airline offering no-frills transatlantic service was Freddie Laker 's Laker Airways , which operated its famous "Skytrain" service between London and New York City during the late 1970s. The service was suspended after Laker's competitors, British Airways and Pan Am , were able to price Skytrain out of the market. In the United States, airline carriers such as Midway Airlines and America West Airlines , which commenced operations after 1978, soon realized
13320-494: Was Pacific Southwest Airlines , which started intrastate flights connecting Southern and Northern California on 6 May 1949. PSA's light-hearted atmosphere and efficient operations were a runaway success early on, and inspired a number of low-cost start-ups across the United States, beginning in the mid-1960s. Herb Kelleher studied the success of PSA, and copied their culture closely when he established Southwest Airlines in 1971. The first airline to offer cheaper transatlantic fares
13440-485: Was 4,472,200, the actual administrative population was over 20 million. It makes up part of the Pearl River Delta built-up area with 44,738,513 inhabitants, spread over 9 municipalities (including Macau ). The city is elongated measuring 81.4 kilometers from east to west while the shortest section from north to south is 10.8 kilometers. Over 160 rivers or channels flow through Shenzhen. There are 24 reservoirs within
13560-492: Was Icelandic airline Loftleiðir in 1964, often referred to as "the Hippie Airline". Many young Americans travelled to Europe after graduation, to experience the "old-world culture", and they were more concerned with getting there cheaply than comfortably or even exactly on time. Loftleiðir were not famous for speed or punctuality, but flying with the company became a sort of rite of passage for those young "hippies", one of whom
13680-409: Was delayed due to the long duration of processing the new requirements instituted in 2008. On 7 February 2012, the airline received its air operator's certificate (AOC). The airline commenced operations on 28 March by launching flights from its base at Clark International Airport to Kalibo and Davao City . It partnered with Victory Liner , one of the largest provincial bus companies operating in
13800-856: Was incorporated into Dongguan in 1669. After the Qing dynasty was defeated by the United Kingdom of Great Britain and Ireland in the First Opium War and the Second Opium Wars , Hong Kong Island and the Kowloon Peninsula were ceded to the British in the Treaty of Nanking and the Convention of Peking . On 21 April 1898 the Qing government signed a "Special Article for the Exhibition of Hong Kong's Borders" with
13920-558: Was led by Hong Kong-based China Merchants Group under Yuan Geng 's leadership and was to become the first export processing industrial zone in mainland China. At the beginning of April 1979, the Standing Committee of Guangdong Province discussed and proposed to the Central Committee to set up a "trade cooperation zone" in Shenzhen, Zhuhai , and Shantou . In the same month, the Central Working Conference decided on
14040-434: Was named after a deep ( Chinese : 深 ; lit. 'deep') drain that was located within the area." The oldest evidence of humans in the area on which Shenzhen was established dates back during the mid- Neolithic period. Human have inhabited the area throughout the past 6,700 years. Historic counties were first established in the area 1,700 years ago. The historic towns of Nantou and Dapeng , were built on
14160-421: Was reformed as a Special Export Zone to create a favorable investment environment and introduce advanced technology and management experience, later renamed to Special Economic Zone in May 1980. As of 2022, Shenzhen has a nominal GDP of 3.24 trillion RMB (HK$ 2.87 trillion), which surpassed neighboring Hong Kong 's GDP of HK$ 2.11 trillion and Guangzhou 's GDP of 2.88 trillion RMB (HK$ 2.68 trillion), making
14280-564: Was rejected by MIAA due to space limitations, given that flag carrier Philippine Airlines have predominantly occupied the terminal with no space for AirAsia to fit in. In 2024, Philippines AirAsia terminated all flights to China due to weak demand amid geopolitical tensions ; it opted instead to focus on destinations with high demand, like Japan. Philippines AirAsia is headquartered at the RedPoint office at Ninoy Aquino International Airport Terminal 3 in Pasay , Metro Manila . RedPoint has been
14400-583: Was the last stop on the mainland Chinese section of the Kowloon–Canton Railway . The city is a leading global technology hub. In the media Shenzhen is sometimes called China's Silicon Valley . The city's entrepreneurial, innovative, and competitive-based culture has resulted in the city being home to numerous small manufacturers and software companies. Several of these firms have become large technology corporations, such as Huawei , Tencent , and DJI . As an important international city, Shenzhen hosts numerous national and international events every year, such as
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