Which of the following best describes the role of low-cost airlines in the travel industry?

The role of low-cost airlines in the travel industry is best described by the fact that they offer lower prices by removing extras. This model allows them to attract price-sensitive travelers, enabling more people to access air travel. Low-cost carriers achieve reduced fares primarily through strategies such as offering no-frills service, charging for additional services like checked baggage, meals, and seat selection, and using secondary airports to reduce landing fees.

Consequently, this approach focuses on providing basic transportation at a lower price, appealing particularly to budget-conscious consumers and expanding travel opportunities for a wider demographic. This has significantly transformed the airline industry, generating increased competition and making air travel more accessible to individuals who may not have otherwise been able to afford it.