The final frontier for low-cost airlines is global travel. It now is possible to patch together a round-the-world trip on budget carriers. (See map on left.) This is just one way low-cost airlines are transforming the in- dustry.
They aren’t just competing with legacy companies. They are changing how, where and at what price people fly.
By making travel less expen- sive, they are turning people who previously couldn’t afford to fly into fliers.
As such airlines spread around the world, they are introducing regular air service to more remote locations, leading to more direct city-to-city choices than ever.
In the U.S., about one in three passengers flies on a budget car- rier. In India and Southeast Asia, discounters control 53% of seats. Last year, for the first time, bud- get airlines carried more than one billion fliers—nearly 30% of the 3.7 billion who took to the air.