When the budget airline Wow Air abruptly ceased operations earlier this year, thousands of travelers were left stranded and scrambling, on both sides of the Atlantic, to make alternate travel plans. The news, after months of speculation that the Icelandic airline was struggling financially, came at a period that has already been particularly difficult for low-cost carriers. Cyprus’ Cobalt Air, Pakistan’s Shaheen Air, and Primera, based in Denmark and Latvia, collapsed in October. In February, Flybmi and Germania filed for bankruptcy. For most, rising fuel costs and overexpansion led to their demise. Budget airlines are appealing to travelers because they offer much lower prices than major airlines. A flight to London from New York can cost around $1,000 on American Airlines, British Airways or another major carrier, but the same trip on low-cost Norwegian, for the same dates, can be around $600. Similarly, a flight from Washington to Paris costs around $1,200 on Air France, … [Read more...] about News Are budget airlines really worth it?