With billions of dollars worth of new planes ordered by airlines in the region, it is perhaps just as well that Asian budget airlines reportedly carried more passengers last year than their European or North American counterparts.
In the past 10 years or so, the region's minnows have grown up - and carried 31 per cent of global budget travellers last year.
European carriers accounted for 30 per cent of total traffic, while North American airlines had 26 per cent market share, according to the International Civil Aviation Organisation (ICAO).
Globally, budget airlines carried more than 950 million passengers in 2015, which is about 28 per cent of all air travellers, compared with 27 per cent in 2014 - and Asia's share of the market is growing, albeit more slowly than in the recent past.
Overall, total global passenger traffic on both budget and full-service airlines grew by 6.4 per cent last year to hit 3.5 billion, ICAO said.
With billions of dollars worth of new planes ordered by airlines in the region, it is perhaps just as well that Asian budget airlines reportedly carried more passengers last year than their European or North American counterparts.
In the past 10 years or so, the region's minnows have grown up - and carried 31 per cent of global budget travellers last year.
European carriers accounted for 30 per cent of total traffic, while North American airlines had 26 per cent market share, according to the International Civil Aviation Organisation (ICAO).
Globally, budget airlines carried more than 950 million passengers in 2015, which is about 28 per cent of all air travellers, compared with 27 per cent in 2014 - and Asia's share of the market is growing, albeit more slowly than in the recent past.
Overall, total global passenger traffic on both budget and full-service airlines grew by 6.4 per cent last year to hit 3.5 billion, ICAO said.
