Low-cost airlines play a significant role in global connectivity, offering more affordable travel options. These airlines often operate with tight margins and rely on ancillary products like baggage fees and seat selection to boost revenue. Here's a look at the top ten low-cost carriers by revenue.
In tenth place is Mexico's Volaris, generating $3.2 billion annually. Founded in 2005, Volaris serves 200 routes across seven countries with a fleet that includes various Airbus models. "Volaris was founded in August 2005, and commenced operations in March 2006," according to ch-aviation.
Brazil's GOL Linhas Aéreas Inteligentes ranks ninth with $3.59 billion in revenue. Known for its all-economy seating, GOL operates Boeing aircraft across Latin America. The airline is noted for its punctuality among low-cost carriers.