Budget Carriers Reshape Asia Air Travel

China and India's rising middle classes are skybound. According to USAYTODAY, carriers such as Jetstar, AirAsia and Tiger Airways are "driving demand by rolling out flights to underserved Asian cities." In addition, these airlines are forcing the full-service lines to lower their fares and launch their own discount airlines.

Asia's middle class has more than tripled since 1990. "This population, defined by the Asian Development Bank as those spending $2 to $20 a day, is increasingly demanding middle-class trappings: televisions, refrigerators, cars and travel," the article reports.

Read the full story here.

Read more on