Power players: Turbulent times for budget airlines

Cheap flights transformed the way we travel, helping millions of people fly more often and opening up destinations that were once out of reach. But rising fuel costs, changing passenger habits and growing pressure on the low-cost airline model are forcing budget carriers to adapt. Rahul Tandon and Will Bain explore what is driving the turbulence and what it could mean for fares, competition and the future of air travel.

(Photo: EasyJet aircraft at Berlin Brandenburg Airport, 21 April, 2026. Credit: Lisi Niesner/Reuters)

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Producer: Rebecca Smyllie