But they are not rock-bottom cheap like those of the European no-frills airlines that originally inspired Mr Fernandes.
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Faced with tough competition at home from no-frills airlines, big American carriers are all seeking to boost their international services.
Many of those, including Italy's Alitalia, Greece's Olympic and Aer Lingus have wilted under the pressure of Europe's widely successful no-frills airlines.
Full-service carriers such as BA and Iberia are also facing growing competition on short-haul European routes from no-frills airlines like Ryanair and Easyjet.
He welcomed the arrival of new players - especially "no-frills airlines" - in the domestic business and said it would lead to healthy competition.
Orders from the military and no-frills airlines should boost sales.
He has also persuaded cheap-fare no-frills airlines such as Ryanair, based in Dublin, and Gill Airways, based in Newcastle, to start flights to Ireland and London.
"The two leading no-frills airlines in Europe - Ryanair and Easyjet - have completely flawless safety reputations as does the biggest, oldest and most successful no-frills airline in the world, " he told the BBC.
In America, cut-price no-frills carriers, such as Southwest Airlines, have already begun to take business away from the majors, often by flying from secondary airports where more slots are available.
The no-frills airline works like most low cost airlines in the world.
IndiGo, a large no-frills flier, sort of like the U.S. Southwest Airlines, is the leader with a 27 percent of the market share in July.
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