What is a Low-Cost Carrier (LCC)? Low-Cost Carriers also known as low-cost airlines are budget airlines that offer a cheaper fare but usually have stricter restriction on refunding and frills such as baggage, meals and entertainment. Was this article helpful? Can't find what you're looking for? Inquiry Form Related articles How to see my booking on Tiger Air website How much baggage is included in my reservation? How do I cancel my flight reservation? How do I upgrade my seat? What should i do if I made a change/refund with the airline directly?