There is rareness of information about low-cost airlines and low-cost Terminals in Egypt and the Middle East. Most of the international publications are limited to information about Europe and North America, and few are from Asia and Australia. The current study aims to provide comprehensive information about low-cost airlines and low-cost airports, presentation of some international models of low-cost airlines and airports, and assessment of the Egyptian situation in the light of these two new phenomena. The methodology includes statistical analytical approach, purposive sample, and SPSS program to analyze data. The outstanding findings are that the traffic share of LCCs in Egypt is still modest and the absence of concept of LCTs in real practice. The current study recommends for estimating costs and benefits of low-cost carriers and building standard low-cost airports in Egypt.