Ireland based low-cost carrier Ryanair may launch trans-Atlantic low-cost flights in the future that could offer fares as low as $10 per person one-way, according to media reports quoting the airline’s CEO Michael O’Leary.
Another European low-cost carrier, Norway based Norwegian Air Shuttle, recently began trans-Atlantic flights between Oslo and New York’s JFK airport.
Many long-haul low-cost carriers operate in Asia. This includes Malaysia based AirAsia X and Singapore Airlines’ subsidiary Scoot.
Ryanair is the biggest low-cost carrier in Europe by passenger numbers. It also transported more international travelers than any other airline in the world in 2012, according to latest data by International Air Transport Association.