In an effort to remain competitive, airlines in Europe are now dreaming of forming a new, low-cost alliance. The goal of the new alliance would be to offer a strong challenge against airlines such as Emirates and British Airways, which offer long-haul full-service routes. Eventually, the alliance could make progress in other markets, including the United States, Asia, and the Middle East.

Quite interestingly, this move would represent a momentous turnabout for the rival airlines, which have had a history of fighting for business in a market that has become increasingly competitive.

Representatives of Ryanair have confirmed that the airline is currently conducting negotiations with Norwegian Air. Additionally, the carrier is speaking to a number of other airlines about the possibility of forming an alliance, including Aer Lingus.

Such a partnership would make it possible for passengers to purchase connecting flights across multiple air carrier networks without having to book tickets separately.

Besides the heightened convenience for travelers, the alliance would give low-cost carriers the opportunity to compete with larger airlines, thus decreasing the cost of long-haul traffic for travelers altogether. The new alliance could very well represent the future of low-cost air travel in Europe and might even have the potential to expand to other markets as well.

Ryanair currently serves more than 200 destinations in nearly three dozen countries, which makes the airline the largest European network. The airline has bases in London Stansted and Dublin.

Norwegian Air has also announced it will soon be launching an expansion into Argentina. At the moment, the move is still in the early stages. Routes have not been confirmed yet.

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    • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
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    Annual Fee

    Introductory Annual Fee of $0 the first year, then $95

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    Why we like it
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel.
    • 1:1 point transfer to leading airline and hotel loyalty programs.

    Regular APR

    16.49% - 23.49% Variable

    Annual Fee

    Introductory Annual Fee of $0 the first year, then $95

    Credit Required

    Excellent
    • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
    • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
    • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
    • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
    • No foreign transaction fees
    • 1:1 point transfer to leading airline and hotel loyalty programs
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
    • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
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    Intro APR

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    Regular APR

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    Annual Fee

    $0

    Credit Required

    Excellent
    Why we like it
    • Earn unlimited 1.5 points per $1 spent on all purchases.
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    Intro APR

    0% Introductory APR for 12 billing cycles for purchases

    Regular APR

    15.49% - 23.49% Variable APR

    Annual Fee

    $0

    Credit Required

    Excellent
    • 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases
    • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
    • Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions
    • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
    • Comes with chip technology for enhanced security and protection at chip-enabled terminals
    • 0% Introductory APR for 12 billing cycles for purchases, then 15.49% - 23.49% Variable APR
    • Get an additional 10% customer points bonus on every purchase when you have an active Bank of America® checking or savings account
    • If you’re a Preferred Rewards client, you can increase that bonus to 25% - 75%.
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    Why we like it
    • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening. Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption.
    • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening
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    Intro APR

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    Regular APR

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    Annual Fee

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    Credit Required

    Excellent
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    Why we like it
    • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening.
    • Earn unlimited 1.5% cash rewards on every purchase.

    Intro APR

    0% on balance transfers for 15 months (on balance transfers made within 45 days of account opening)

    Regular APR

    15.24%, 20.24% or 25.24% Variable

    Annual Fee

    $0

    Credit Required

    Excellent
    • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening. Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption.
    • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening
    • Earn unlimited 1.5% cash rewards on every purchase
    • Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption
    • Redeem your cash rewards for a deposit into your bank account, a statement credit or gift cards. Redemptions start at $50
    • Cash rewards do not expire as long as your account is open, active and in good standing
    • 0% introductory APR for 15 months on Balance Transfers made within 45 days of account opening. After that a variable APR will apply, 15.24%, 20.24% or 25.24%, based on your creditworthiness.
    • Please note, there is a fee for balance transfers
    • No annual fee
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    Regular APR

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    Annual Fee

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    Credit Required

    Good
    Why we like it
    • Earn unlimited 2X miles per dollar on every purchase.
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    We least like
    • No low introductory APR period.

    Regular APR

    13.49% - 23.49% (Variable)

    Annual Fee

    $0 intro for first year; $59 after that

    Credit Required

    Good
    • Enjoy a one-time bonus of 40,000 miles once you spend $3,000 on purchases within 3 months of approval, equal to $400 in travel.
    • Earn unlimited 2X miles per dollar on every purchase, every day
    • Fly any airline, stay at any hotel, anytime
    • Travel when you want with no blackout dates
    • Miles don't expire and there's no limit to how many you can earn
    • No foreign transaction fees
    • $0 intro annual fee for the first year; $59 after that
    • Limited Time Offer: Get a metal Venture Card when you apply today