APPENDIX B

Database of Low-Cost Airlines Classification

Table B.1 Database Low-Cost Airlines Classification

Sources: Compilation based on information from annual reports and presentations; SEC filings, Air Finance Journal, and SeatGuru.

Note: Base year 2011/2012 when available. Fiscal year may not be in line with calendar year for each airline and vary in some cases. Data from prior years include Air Arabia unit cost (2011), Aircraft Utilization (2010), Jet Blue online sales (2010), Jazeera Airways unit cost (2008) and utilisation (2009), and Virgin Australia unit cost (2011). PPP exchange rate based on NationMaster. Changes may have occurred since base year. n.a. = not applicable.

a. Air Arabia has used subsidiaries to establish a point-to-point system but still is strongly focused on its hub.

b. Westjet new subsidiary Westjet Encore excluded from analysis.

c. With exception of travelers in lowest fare class without Virgin Australia Membership status.

References

Air Arabia. 2012. “Air Arabia Investor Presentation Q1 2012.” http://www.airarabia.com/sites/airarabia/files/styles/square_thumbnail/public/styles/Q2%20-%202012_1.pdf.

———. http://www.airarabia.com/en.

Air Asia. 2013. Air Asia Annual Report 2012. http://www.airasia.com/iwov-resources/my/common/pdf/AirAsia/IR/annual-report-2012.pdf.

———. www.airasia.com.

Air Finance Journal. 2014. “The Airline Top 50 2012.” http://www.airfinancejournal.com/docs/2013/Airfinance%20Journal/The_Airline_Top_50_amended.pdf.

easyJet. 2013. Easyjet Investors 2012 Year Results. http://corporate.easyjet.com/~/media/Files/E/Easyjet-Plc-V2/pdf/media/latest-news/2012/fy-2012-en.pdf.

———. http://www.easyjet.com.

GOL Linhas Inteligentes. GOL Annual Report 2012 Form 20-F. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1291733/000129281413000979/golform20f_2012.htm.

———. http://www.voegol.com.br.

Jazeera Airways. 2009. 2008 Jazeera Airways Results Summary. http://www.jazeeraairways.com/AdminControl/J9WebsiteDataFiles/Data/InternalWebPage/InvestorFiles/J9-INV-PACK-FY08.pdf.

———. http://www.jazeeraairways.com.

Jetblue. 2013. Jetblue Annual Report Form 10-K. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1158463/000115846314000008/a201310-k.htm.

———. http://www.jetblue.com.

NationMaster. www.nationmaster.com.

Ryanair. 2012. Ryanair Annual Report Form 20-F. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1038683/000119312512323949/d386894d20f.htm.

———. http://www.ryanair.com.

SeatGuru. http://www.seatguru.com.

Southwest Airlines. 2013. Annual Report 2012 to Shareholders. http://southwest.investorroom.com.

———. http://www.southwest.com.

Spirit Airlines. 2013. Spirit Airlines Annual Report 2012 Form K-10. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1498710/000149871013000034/save-20121231x10k.htm.

———. http://www.spirit.com.

West Jet. 2013. West Jet Annual Report 2012. http://www.westjet.com/guest/en/media-investors/2013-annual-report/WestJet-Annual-Report-2012.pdf.

———. http://www.westjet.com.

Vueling. 2013. “Full Year 2012 Results Presentation.” http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjA1NjA4fENoaWxkSUQ9LTF8VHlwZT0z&t=1.

———. 2013. “Vueling Results 2012.” http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MjA2NzkyfENoaWxkSUQ9LTF8VHlwZT0z&t=1.

———. http://www.vueling.com.