Air travel has become more accessible than ever, thanks to the rise of low-cost airlines. These budget carriers have transformed the aviation industry by offering affordable fares without compromising on reliability or service quality.
By leveraging innovative business models, streamlined operations, and digital solutions, they make air travel convenient and economical for millions of passengers worldwide.
The 2024 rankings by Skytrax highlight the top-performing low-cost airlines that excel in affordability, customer satisfaction, and operational efficiency. These airlines have distinguished themselves through their commitment to innovation, sustainability, and passenger experience, setting new benchmarks in budget aviation.
According to Skytrax, World airline Award, these are the world’s 10 best low-cost airlines in 2024
AirAsia – Malaysia
AirAsia, a Malaysian multinational low-cost airline, has been leading the budget airline sector since its establishment in 1993 and operational launch in 1996. It is the largest airline in Malaysia by fleet size and destinations, offering scheduled flights to over 166 locations in 25 countries. Operating from Kuala Lumpur International Airport (KLIA) Terminal 2, AirAsia has consistently won accolades for its affordable and high-quality services. AirAsia MOVE, its digital travel and lifestyle ecosystem, extends beyond flights to include hotel bookings, ride-hailing, insurance, and duty-free shopping. The airline has been recognised as the ‘World’s Best Low-Cost Carrier’ by Skytrax for 15 consecutive years, reflecting its commitment to affordability and excellence.
Scoot – Singapore
Scoot, a subsidiary of Singapore Airlines, has been redefining low-cost, long-haul travel since it commenced operations on June 4, 2012. With its slogan “Escape the Ordinary,” the airline connects Singapore to key destinations across the Asia-Pacific region. Scoot operates as part of the KrisFlyer frequent-flyer program, enhancing customer loyalty while maintaining cost-efficient services. Headquartered at Changi Airport, Scoot has a strong operational focus on Taiwan’s Taoyuan International Airport. Known for its youthful branding and innovative services, Scoot continues to attract travelers looking for affordable yet comfortable air travel experiences.
Volotea – Spain
Founded in 2011 by the creators of Vueling, Volotea has rapidly expanded to become one of Europe’s fastest-growing independent airlines. The airline serves more than 110 airports, operating from 21 medium-sized European capitals, including Athens, Bilbao, and Venice. Volotea plans to operate up to 450 routes in 2024, offering over 12.5 million seats with a fleet of 45 Airbus A319 and A320 aircraft. Dedicated to sustainability, Volotea has launched over 50 eco-friendly initiatives and aims to reduce its carbon emissions per passenger-kilometer by 50% by 2025, five years ahead of schedule.
Flynas – Saudi Arabia
Flynas, the leading low-cost carrier in the Middle East, boasts a fleet of 61 aircraft and serves more than 139 routes across 30 countries. Since its launch in 2007, the airline has transported over 80 million passengers and continues to expand its global footprint. Flynas has been ranked the world’s fourth-best low-cost airline for two consecutive years and the best in the Middle East for seven years. Skytrax and the World Travel Awards have consistently recognised Flynas for its operational excellence, solidifying its status as a premium budget airline.
Transavia France – France
Transavia France, a subsidiary of Air France-KLM, has been a dominant player in the European low-cost market since its inception in 2006. Operating from Paris-Orly and five other bases, it provides scheduled and charter flights across Europe and North Africa. The airline maintains a fleet of Boeing 737s but is transitioning to the Airbus A320neo to enhance fuel efficiency. With a strong emphasis on sustainability, Transavia employs eco-piloting strategies to minimise its environmental impact. Serving over 100 destinations, it continues to make budget-friendly air travel a reality for millions.
IndiGo – India
IndiGo is India’s largest airline by fleet size and passenger volume, holding a 63.6% market share as of November 2024. Headquartered in Gurgaon, Haryana, IndiGo operates over 2,200 daily flights to 128 destinations, including 91 domestic and 37 international locations. With a fleet exceeding 400 aircraft, the airline emphasises affordability, punctuality, and customer satisfaction. IndiGo’s on-time performance is among the highest in India, and it maintains one of the best Net Promoter Scores in the industry. As the airline continues to expand, it aims to solidify its presence as a global aviation leader.
Vueling Airlines – Spain
Vueling, based in Barcelona, is Spain’s largest airline in terms of fleet size and destinations served. With operating bases in major European cities, including Paris, Amsterdam, and Rome, it connects travelers to key metropolitan and leisure destinations. The airline focuses on low fares while offering premium add-ons, such as flexible ticketing and additional baggage options. Vueling’s commitment to efficiency and affordability has made it a popular choice for budget-conscious travelers across Europe.
airBaltic – Latvia
Founded in 1995, airBaltic operates one of Europe’s youngest fleets, consisting of 50 Airbus A220-300 aircraft. The airline is a hybrid carrier, blending low-cost efficiency with traditional network airline services. With hubs in Riga, Tallinn, Vilnius, and Tampere, airBaltic connects the Baltic region with over 70 destinations across Europe, the Middle East, and North Africa. Recognised for its high-quality cabin service, the airline received the APEX Four Star Major Airline Award in 2024. It also became the first European airline to introduce free high-speed SpaceX Starlink internet on its flights.
Iberia Express – Spain
Iberia Express, a wholly owned subsidiary of Iberia, operates short and medium-haul flights from Madrid Barajas Airport. Since its launch in 2012, the airline has become a major player in the European budget market. Iberia Express has gained a reputation for punctuality, ranking among Europe’s most on-time airlines. Through its codeshare agreements with major global carriers, including American Airlines and British Airways, Iberia Express enhances connectivity for travelers worldwide. The airline’s commitment to efficiency ensures seamless connections with Iberia’s long-haul network.
Ryanair – Ireland
Ryanair, headquartered in Dublin, Ireland, is the world’s largest ultra-low-cost carrier and a pioneer in budget aviation. Established in 1984, the airline now operates under Ryanair Holdings, which includes subsidiaries like Malta Air, Buzz, and Lauda Europe. With a vast European network, Ryanair connects over 40 countries with its fleet of Boeing 737s. Known for its aggressive pricing and no-frills approach, Ryanair consistently offers some of the cheapest fares in the industry. Despite its low-cost model, the airline continues to expand its service offerings, maintaining a strong foothold in the global aviation market.
