Wings of progress: The economic and social impacts of low-cost carriers in the Philippines

Low-cost carriers (LCCs) have become a significant force in the Philippine aviation industry, providing affordable air travel and contributing to regional economic and social development. However, the full extent of their economic, social, environmental, and infrastructural impacts has not been comprehensively studied. This study aims to evaluate the economic and social implications of LCCs in the Philippines, focusing on tourism growth, job creation, business development, and the accessibility and mobility of the population. The study also explores environmental challenges and infrastructural strains caused by the expansion of LCC operations. A mixed-methods approach was employed, incorporating quantitative data analysis of tourism statistics, employment rates, business growth, and regional economic output. Qualitative data were collected through interviews and surveys with stakeholders, including passengers, local businesses, government officials, and environmental agencies. Statistical tools such as regression analysis and chi-square tests were used to determine significance levels in the findings. The results demonstrate that LCCs have contributed significantly to regional economic growth, with a 25% increase in tourist arrivals and a 30% rise in tourism revenue. Social impacts include enhanced travel accessibility, increased cultural exchange, and improved quality of life. However, environmental challenges, such as a 15% increase in carbon emissions, highlight the need for sustainable practices. The study recommends further investment in airport infrastructure, implementation of sustainable aviation practices, and ongoing government support for regional tourism. Future studies should focus on long-term environmental impacts and strategies for reducing carbon footprints.

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Publication Details

Journal
International Journal of Science and Research Archive
Published
2024-11-08
DOI
https://doi.org/10.30574/ijsra.2024.13.2.2121
Primary Topic
Aviation Industry Analysis and Trends
Type
article
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article

Wings of progress: The economic and social impacts of low-cost carriers in the Philippines

Alejandro Peña
International Journal of Science and Research Archive
Aviation Industry Analysis and Trends
article

Wings of progress: The economic and social impacts of low-cost carriers in the Philippines

Alejandro Peña
article en

Abstract

Low-cost carriers (LCCs) have become a significant force in the Philippine aviation industry, providing affordable air travel and contributing to regional economic and social development. However, the full extent of their economic, social, environmental, and infrastructural impacts has not been comprehensively studied. This study aims to evaluate the economic and social implications of LCCs in the Philippines, focusing on tourism growth, job creation, business development, and the accessibility and mobility of the population. The study also explores environmental challenges and infrastructural strains caused by the expansion of LCC operations. A mixed-methods approach was employed, incorporating quantitative data analysis of tourism statistics, employment rates, business growth, and regional economic output. Qualitative data were collected through interviews and surveys with stakeholders, including passengers, local businesses, government officials, and environmental agencies. Statistical tools such as regression analysis and chi-square tests were used to determine significance levels in the findings. The results demonstrate that LCCs have contributed significantly to regional economic growth, with a 25% increase in tourist arrivals and a 30% rise in tourism revenue. Social impacts include enhanced travel accessibility, increased cultural exchange, and improved quality of life. However, environmental challenges, such as a 15% increase in carbon emissions, highlight the need for sustainable practices. The study recommends further investment in airport infrastructure, implementation of sustainable aviation practices, and ongoing government support for regional tourism. Future studies should focus on long-term environmental impacts and strategies for reducing carbon footprints.

International Journal of Science and Research ArchiveVol. 13(2)
Openalex Percentile: Top 65%
Aviation Industry Analysis and Trends
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