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Low-cost airlines shake up market for long-haul flights

Budget carriers are trying to grab a slice of the popular and profitable transatlantic routes by boosting capacity

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Disrupters such as Norwegian Air Shuttle and AirAsia X have disrupted the airline market and forced scheduled operators to rethink their transatlantic strategies.

Cancun, Mexico

LOW-COST, long-haul air travel has taken off across the Atlantic, shaking a club of major airlines meeting in Mexico this week and forcing established flag carriers to set up budget subsidiaries or lower fares.

Transatlantic routes are among the industry's most...