Geir Karlsen (businessman)
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Geir Karlsen is a Norwegian business magnate. He is best known as the CEO and former CFO of Norwegian Air Shuttle, Scandinavia's largest airline, and Europe's third largest low-cost airline.
Low-cost carrier
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A low-cost carrier 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 tradit
T'way Air Boeing 737-8Q8 (registered HL8294) landing at Incheon International Airport
Ryanair and Wizz Air are the two major ULCCs in the European market.
A SunExpress Boeing 737-800 at Zurich Airport
Southwest Airlines was the world's largest low-cost carrier.