It also entered into a joint venture with the leading low cost carrier in Asia, AirAsia.
And most important, the Indian low-cost carrier arrived in 2003 with the advent of Air Deccan.
Iberia pilots last year went on strike when Iberia created a low-cost carrier called Iberia Express.
Huntsville is neither a hub for a major airline, nor home to a low-cost carrier.
It will also increase the capacity of its low-cost carrier Jetstar on certain routes.
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AirAsia and its CEO Tony Fernades are leading the low-cost carrier revolution in Asia.
How can you make money as a low-cost carrier when your biggest cost is going through the roof?
It helped the rise of Gol, a Brazilian low-cost carrier, and TAM, which has a more traditional network.
But a colleague was rather less impressed with the way the low-cost carrier treated her, a pregnant lady, on a recent trip.
Now, we're finally seeing some details about the American low-cost carrier's plans.
Likewise Wizz Air, a Hungarian low-cost carrier, also said it would expand its Budapest schedules to fill the gaps left by Malev.
Forty years later, Southwest has become America's largest low-cost carrier.
Lion Air is a low-cost carrier that holds about a 45 percent market share in Indonesia, a sprawling archipelago that's seeing a boom in both economic growth and air passengers.
Tony Fernandes, CEO of regional low-cost carrier Air Asia and chairman of the Queens Park Rangers football club, caused headlines recently by announcing his move from his native Malaysia to Indonesia.
Madrid (CNN) -- Pilots for the Spanish airline Iberia resumed their strikes on Monday, forcing the cancellation of 124 flights, in a grievance over the company's new low-cost carrier, Iberia Express.
CNN: Iberia pilots on strike again over new low-cost carrier
He predicted the "three high-fare connecting carriers" -- British Airways, Lufthansa and Air France -- would triumph at the top end of the market, while Ryanair would dominate the low-cost carrier sector.
Ryanair, for instance, is Europe's biggest low-cost carrier.
On the merger front, AirTran Holdings, the parent of AirTran Airlines, which serves long- and short-haul markets, primarily in the eastern U.S., announced in December a hostile takeover for another low-cost carrier, Midwest Air Group.
Ryanair founder Michael O'Leary has said in the past that his airline will grow from being Europe's largest low-cost carrier to become the region's biggest carrier full stop as it takes on the so-called legacy airlines.
And the low-cost carrier isn't letting up: while it plans to shrink overall next year in the face of the recession, it's actually adding service to some of the US cities business travellers frequent the most.
Swissair, which was already in dire trouble before the attack, has announced 3, 000 lay-offs at its catering subsidiary mainly in America and has unveiled plans to turn itself into a low-cost carrier, based on its regional affiliate, Crossair.
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While the rest of industry was reeling from the Sept. 11, 2001 terror attacks, the Dublin native managed to revive the near-broke company by cutting a third of its workforce and revamping it as a low-cost carrier.
Example: a new system the company recently sold to EasyJet, a low-cost carrier in the U.K. Pilots hook up a laptop in the cockpit prior to takeoff and fill out all paperwork, download charts and complete their flight plans.
"Lion Air does have the ambition to become the world's leading low-cost carrier, but the concern is that those narrow bodies are not a good fit for Indonesia, " said Ahmad Maghfur Usman, an analyst for RHB Research Institute who is based in Kuala Lumpur, Malaysia.
WSJ: Lion Air Jet Order Stirs Concern Over Glut in Southeast Asia
On the merger front, AirTran Holdings (nyse: AAI - news - people ), the parent of AirTran Airlines, which serves long- and short-haul markets, primarily in the eastern U.S., announced in December a hostile takeover for another low-cost carrier, Midwest Air Group (amex: MEH - news - people ).
It operates the low-cost aircraft carrier model and holds about a 45% market share in Indonesia, a country spread across around 6, 000 inhabited islands with a population of 240 million people.
On the low-cost end, Asia-Pacific carrier Jetstar Group rents out iPads preloaded with content to passengers on some routes, too.
WSJ: Some Airlines Lend iPads for In-Flight Entertainment Systems
Certainly expensive phones will remain a big part of the industry, but low-cost alternatives from major brands will be necessary if the carrier model shifts.
The carrier recently came up with a strategy to sell low-cost 3G smartphones made by ZTE, Huawei and Lenovo that run on its 3G network.
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