|This thesis looks at the current trends in the global airport industry, mainly studying what impact the low-cost carriers have had on the airport – airline relationship. Studies have shown that the low-cost carriers have been the driver behind the emergence of low-cost airports. While focusing on the airport services market in the Czech Republic, the thesis examines the case of the Vodochody Airport, currently a private international airport located
in the Prague metropolitan area, which is planning to expand its operations and become a low-cost secondary airport in the area by 2013 and the second largest public international civil airport in the Czech Republic. As both the demand for air transport and the share of low-cost carriers are expected to increase at the Czech market in the future, the project of the Vodochody Airport is not only consistent with the global trend, but also responds to the regional demand.