RANKED: The 10 best cheap airlines in the world

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Emirates Named World's Top Airline

AirAsia has been named the best low-cost airline in the world by leading consumer aviation website Skytrax for the eighth consecutive year.

The Sepang-based airline was presented with the award on Tuesday at a ceremony during the 2016 Farnborough Airshow.

"We just won world's best low-cost Airline for the eighth time, which is pretty damn cool," AirAsia CEO Tony Fernandes told Skytrax. "I want to thank all my staff who ensure that low-cost doesn't mean low quality."

"Even though we've won this award eight times, we know we can be better, we want to improve our customer service, we want to improve talking to you," Fernandes added.

The Skytrax rankings are based on the impressions of 19.2 million travelers from 104 different countries. The survey, which covered more than 280 airlines, measured 41 parameters ranging from boarding procedures to seat comfort to the quality of service.

Here are the 10 best low-cost airlines in the world, according to the results of the Skytrax survey.

10. Azul Brazilian Airlines

Previous rank: N/A

Why it's awesome: Azul Brazilian Airlines is the latest brainchild of JetBlue and WestJet co-founder David Neeleman. The Sao Paolo-based airline operates a fleet of new Airbus, ATR, and Embraer airliners mainly on routes within Brazil. Its Airbus fleet now operates to limited destinations in the US and Europe.

In addition to a top 10 finish, Azul also picked up the awards for Best Low-Cost Airline in South America and Best Airline Staff in South America.

See additional airline information at Skytrax.

9. Jetstar Asia

Previous rank: 9

Why it's awesome: Founded in 2004, Jetstar Asia is a Singapore-based subsidiary of Jetstar Airways which itself is the low-cost offshoot of Australia's Qantas Group. Jetstar Asia operates a small fleet of Airbus A320 airliners to destinations in southeast Asia.

Reviewers on Skytrax praise the airline for its effective ground staff and great value for money.

See additional airline information at Skytrax.

8. IndiGo

Previous rank:7

Why it's awesome: The New Delhi-based airline burst on the scene in 2006 and quickly became one of the best low-cost carriers in Asia. The airline operates a brand new fleet of more than 100 Airbus A320 jets. With more than 400 Airbus jets on order, IndiGo is one of the quickest growing airlines in the region. Reviewers on Skytrax praised the airline for its great cabin service and good value for money.

For the seventh consecutive year, IndiGo has been named Best Low-Cost Airline in Central Asia / India.

See additional airline information at Skytrax.

7. WestJet

Previous rank: 8

Why it's awesome: Since its launch in 1996, WestJet has grown to become Canada's second largest airline. The Calgary-based company is the work of Azul and JetBlue co-founder David Neeleman. WestJet currently operates its fleet of more than 100 Boeing jets to more than 100 destinations throughout North America and the Caribbean.

See additional airline information at Skytrax.

6. AirAsia X

Previous rank: 6

Why it's awesome: AirAsia X is the long-haul subsidiary of Malaysia's low-cost mega airline AirAsia. The airline's fleet of Airbus A330-300 jets are outfitted with both premium and economy cabins and operates throughout Asia.

In fact, the low-cost airline's premium service garnered AirAsiaX with the Skytrax awards for World's Best Low Cost Airline Premium Cabin and World's Best Low Cost Airline Premium Seat.

See additional airline information at Skytrax.

SEE ALSO: First class seats on airplanes

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First class seats on airplanes
In-flight refreshments are arranged in a first-class seat onboard a Boeing Co. B777-300ER aircraft operated by American Airlines Group Inc. at Sydney Airport in Sydney, Australia, on Friday, Nov. 13, 2015. American Airlines in December will start daily flights between Sydney and Los Angeles, allowing Qantas Airways Ltd. at the same time to reopen a route from Sydney to San Francisco. Photographer: Brendon Thorne/Bloomberg via Getty Images
Passenger seating and a bed sit in the first class cabin of an Airbus A380-800 aircraft, operated by Qatar Airways Ltd., on the opening day of the 14th Dubai Air Show at Dubai World Central (DWC) in Dubai, United Arab Emirates, on Sunday, Nov. 8, 2015. The Dubai Air Show is the biggest aerospace event in the Middle East, Asia and Africa and runs Nov. 8 - 12. Photographer: Jasper Juinen/Bloomberg via Getty Images
An in-flight meal is arranged in a first-class seat onboard a Boeing Co. B777-300ER aircraft operated by American Airlines Group Inc. at Sydney Airport in Sydney, Australia, on Friday, Nov. 13, 2015. American Airlines in December will start daily flights between Sydney and Los Angeles, allowing Qantas Airways Ltd. at the same time to reopen a route from Sydney to San Francisco. Photographer: Brendon Thorne/Bloomberg via Getty Images
A picture taken on June 16, 2015 during the International Paris Airshow at Le Bourget shows the first class area of a Qatar Airlines' A380. AFP PHOTO / /MIGUEL MEDINA (Photo credit should read MIGUEL MEDINA/AFP/Getty Images)
Akbar Al Baker, chief executive officer of Qatar Airways Ltd., left, and Timothy 'Tim' Clark, inspect the First Class bar area during a tour of an Airbus SAS A380 aircraft, operated by Qatar Airways Ltd., on day two of the 51st International Paris Air Show in Paris, France, on Tuesday, June 16, 2015. The 51st International Paris Air Show is the world's largest aviation and space industry exhibition and takes place at Le Bourget airport June 15 - 21. Photographer: Jason Alden/Bloomberg via Getty Images
First Class passenger booths sit on the upper deck of an Airbus SAS A380 aircraft, operated by Qatar Airways Ltd., on day two of the 51st International Paris Air Show in Paris, France, on Tuesday, June 16, 2015. The 51st International Paris Air Show is the world's largest aviation and space industry exhibition and takes place at Le Bourget airport June 15 - 21. Photographer: Jason Alden/Bloomberg via Getty Images
Entertainment screens operate on first class cabin booths aboard an Airbus SAS A380 aircraft, operated by Qatar Airways Ltd., on the opening day of the 51st International Paris Air Show in Paris, France, on Monday, June 15, 2015. The 51st International Paris Air Show is the world's largest aviation and space industry exhibition and takes place at Le Bourget airport June 15 - 21. Photographer: Jason Alden/Bloomberg via Getty Images
Akbar Al Baker, center left, CEO of Qatar Airways, and Ray Conner, center right, President and CEO of Boeing Commercial Airplanes, take questions from reporters as they hold a press conference Wednesday, Nov. 4, 2015, in the first class cabin of the 25th Boeing 787 airplane purchased by the airline, following a delivery ceremony in Everett, Wash. (AP Photo/Ted S. Warren)
Media members look over the first class section before delivery by Boeing of the first 747-8 Intercontinental Tuesday, May 1, 2012, in Everett, Wash. Lufthansa is the launch customer for the Intercontinental and will start service with the airplane between Frankfurt, Germany and Washington, D.C. The 747-8 Intercontinental is a stretched, updated version of the iconic 747 and is expected to bring double-digit improvements in fuel burn and emissions over its predecessor, the 747-400, and generate 30 percent less noise. Boeing delivered the first 747-8 Intercontinental to a private customer in February, more than a year after originally planned. (AP Photo/Elaine Thompson)
Ray Conner, left, Boeing president and CEO of commercial airlines, explains the first class section as Walter Cho, Korean Air executive vice president and chief marketing officer, tries out reclining seat on a new Boeing 747-8 Intercontinental jet that Korean Air took delivery of Tuesday, Aug. 25, 2015, in Everett, Wash. The jet is the first of 10 of the passenger airplanes the carrier has on order with Boeing. With the delivery, Korean Air becomes the first airline to operate both passenger and freighter versions of the 747-8. (AP Photo/Elaine Thompson)
FILE - This file photo taken Sunday, May 4, 2014, shows the 125-square-foot (11.61-square-meter) area that includes a "living room" partitioned off from the first-class aisle, leather seating, a chilled mini-bar and a 32-inch flat-screen TV, at a training facility in Abu Dhabi, United Arab Emirates. The area was created as a mock-up suite to be built in Etihad Airways airplanes. Abu Dhabi's national carrier, Etihad, showcased on Thursday, Dec. 18, the arrival of its first Airbus A380, outfitted with "the only three-room suite in the sky." (AP Photo/Kamran Jebreili, File)
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5. Jetstar Airways

Previous rank: 5

Why it's awesome: JetStar Airways the low-cost subsidiary of Australia's national airline — Qantas. The Melbourne-based airline operates a fleet of Airbus A320 and Boeing 787 Dreamliners. Skytrax reviewers praised the airline for its quality cabin service and good value for money.

For the fifth year in a row, Jetstar has been named Best Low Cost Airline in Australia & Pacific.

See additional airline information at Skytrax.

4. EasyJet

Previous rank: 4

Why it's awesome: Over the past two decades, easyJet and its no-frills, low-cost approach has helped it become one of the world's leading budget airlines. The airline's fleet of more than 230 Airbus jets fly to roughly 800 destinations throughout Europe.

Reviewers on Skytrax praised the airline for its solid service and low prices.

See additional airline information at Skytrax.

3. Norwegian

Previous rank: 3

Why it's awesome: Norwegian Air is one of the most aggressive and controversial airlines in the world. The low-cost carrier had drawn the ire of its US competitors by proposing a plan to operate trans-Atlantic flights using an Ireland-based subsidiary. The airline's critics claim that such a move would allow Norwegian to flaunt Norway's strict labor laws and use Ireland as a flag of convenience. Norwegian has denied these accusations. Regardless, Norwegian CEO Bjørn Kjos plans to launch $69 trans-Atlantic flights in the near future from the US.

In the mean time, the airline is certainly beloved by its customers. Norwegian has been named Best Low-Cost Airline in Europe four-years in a row. In addition, the company also picked up the award for the World's Best Long Haul Low-Cost Airline.

See additional airline information at Skytrax.

2. Virgin America

Previous rank: 2

Why it's awesome: Once again, Virgin America is not only the best low-cost airline in North America, it's also the best airline on the continent. The San Francisco-based boutique carrier offers the style and high quality service expected from a Virgin-branded company, but with the competitive prices of a low-cost carrier. In April, the company was sold to Alaska Airlines for $2.6 billion. It is unclear what the future will hold for the brand.

See additional airline information at Skytrax.

1. AirAsia

Previous rank: 1

Why it's awesome: For the eighth year in a row, AirAsia has earned the title of World's Best Low-Cost Airline. CEO Tony Fernandes and his team have done a miraculous job over the past 15 years to turn a small, failed, state-owned airline in one a multi-national aviation juggernaut.

Reviews of AirAsia on Skytrax praise the airline for its responsive customer service, friendly cabin crew, and efficient operation.

See additional airline information at Skytrax.

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SEE ALSO: RANKED: The 20 best airlines in the world

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