More no-frills airlines may take off in Asia to meet increasing consumer demand following the success story of Malaysia's budget carrier AirAsia, industry experts say.

The push for countries such as China and Indonesia to set up budget airlines such as those in the United States and Europe was fueled by market demand and profitability, analysts told AFP .

Peter Foggin, London-based senior vice-president of DVB Bank AG said Asia could be next in line for the budget boom.