Well not really, the angular velocity is ##\boldsymbol{\omega} = \mathbf{i} \omega_x + \mathbf{j} \omega_y## but ##\mathbf{i}(t)## and ##\mathbf{j}(t)## are functions of time so the motion looks different in the space frame.
The usual procedure is to choose as ##\{ \mathbf{i}, \mathbf{j}, \mathbf{k} \}## the eigenvectors of the inertia tensor ##I## at a convenient point (the centre of mass, say). Then, manipulation of ##\dfrac{d\mathbf{L}}{dt} = \mathbf{M}## gets you to the Euler equation ##I \dfrac{d\boldsymbol{\omega}}{dt} + \boldsymbol{\omega} \times (I \boldsymbol{\omega}) = \mathbf{M}## which you can solve in the body fixed basis and then finally convert to a space fixed basis.