Originally Posted by ContinentalFan
It's not clear yet if MaxJet or EOS are low cost carriers; they've yet to provide financials.
. . .
The term LCC is bandied around a lot. When it's defined, it's invariably discussed in terms of the market strategy adopted by the carrier--which makes sense. Focusing on the marketing strategy makes sense, and then review how the airline configures its operations to achieve its goals.
If the term "LCC" commonly is defined relative to marketing strategies, and that interpretation makes sense, then MaxJet and EOS definitely would be considered LCCs, as they offer a J product for the price of Y to value minded business travelers. Same could be said for YX.