The LCC Charter

If you run an LCC, work at one, or ever hope to run one, print the following and paste it on your wall ( or anywhere else that you frequently see ) .

1. I am a Low Cost Carrier. It is my costs that need to be low.
2. I am ambitious.
3. I am aggressive. I want to expand as fast as I can.
4. I will fight against the red tape to the death.
5. I will not rush to expand unless I’m sure my bottom line is fine.
6. I know that low cost doesn’t mean low quality. My brand is my king.
7. I know that my employees are my greatest asset. I will keep my focus on hiring the talented, and believing in them.
8. I dare to try new things.
9. I am confident. I will never give up.
10. I am in the airline industry, and I know that the only certain thing is uncertainty. I will be willing to change my business plan as fit.

And a bonus – I know that the ancillary revenue is important, than anything else ( and hence, I will not rush to offer free seats, unless I am sure that my ancillary revenue yields ) .