Best budget airlines in world: Aviation rating agency Skytrax has said AirAsia is the best budget airline in the world. Air Asia has bagged this position consecutively for the ninth time. The airline was one of many presented the award at a ceremony during the 2017 Paris Airshow. According to BusinessInsider, AirAsia CEO Tony Fernandes said in a statement, "We take the world champion title seriously and we will strive to continue to improve for both our guests and shareholders. Over the last 15 years we have created a great brand and over the next 15, we want to move towards One AirAsia, a truly (Southeast Asian) airline."