A low-cost carrier or budget airline (LCCs) is an airline that offers lower fares in exchange for a more basic service than traditional scheduled airlines. These ‘no frills’ airlines usually charge for extras such as priority boarding, seat allocation, check-in baggage and food on top of the basic ticket price. While this has been the favoured pricing strategy for low-cost carriers for some time, we’re starting to see more traditional carriers follow suit as they test new ways to drive extra revenue and compete with their newer rivals.