Laker Airways

Laker Airways was an airline founded by Sir Freddie Laker in 1966 as a low-cost carrier flying trans Atlantic flights. The airline made its last flight on February 6, 1982 when the airline went bankrupt. The airline was based in the United Kingdom.

Related Topics:
Airline - Sir Freddie Laker - 1966 - Low-cost carrier - February 6 - 1982 - United Kingdom

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While Laker failed, parts of its business model like low fares and buying meals on board the aircraft are becoming more popular in the 21st century. Likewise the idea of buying tickets on the day of travel carried over to the airline shuttles on the United States north east corridor.

Related Topics:
Business model - 21st century - United States

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