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...Legacy of 1989 Thanks for your double issue [June 29???July 6]. Twenty years ago I was a 5-year-old starting school. My world was untouched by violence, hatred and division and the only web I knew was Charlotte's Web. The Berlin Wall, Tiananmen Square, Gorbachev and Mandela are of course familiar to me, but now I understand and appreciate the history, importance and indelible impact of these people and events. In 20 years' time I look forward to your issue on the significant events from 2009 that would shape our world. Obama's presidency? The global financial...
...traffic lights in Miami--Dade County, Fla., went dark. A blackout, sparked by a fire, crept up the state, affecting 4 million people. Traffic choked the roadways. The nuclear reactors at the Turkey Point power plant shut down. As air-conditioning faded on an 84°F (29??C) day, thousands wandered into the streets...
Fernandes wouldn't have it any other way. "I love it when I struggle to find a seat," he says, beaming. With ticket prices as low as 29??--yes, you read that right--seats have often been hard to find. Fernandes expects to fly 4 million passengers this year, twice as many as in 2003. His success heralds a revolution in the airline industry in Asia. Although Americans and Europeans have benefited from low-cost air travel for years, tight regulation, powerful national-flag carriers and a dearth of airports have kept budget airlines at bay in Asia. But finally...
...rivalry among no-frills flyers is already getting brutal. When Tiger offered a 59¢ one-way ticket to Bangkok from Singapore on September flights, AirAsia countered with a 29?? fare. Fernandes advertised the promotion with his usual flair. Ads showing two beautiful flight attendants draped over a subdued tiger boasted, "AirAsia tames even the wildest tiger." Udom Tantiprasongchai, chief executive of Orient Thai Airlines, says fierce competition from AirAsia and flag carrier Thai Airways forced him to slash the fare on his One-Two-Go budget service from Bangkok to Chiang Mai to less than $25, about 30% lower than...
...grownups who cherish the same memories as their customers. Take the man behind the relaunch of Fizzies, the effervescent drink tablet licked, dissolved and chugged by a whole generation of children. Fred Wehling, 51, president of Amerilab Technologies, was one of those kids. He remembers it all: the 29?? his grandma gave him every week, the walk to the grocery store, meditating over which flavor to pick, hearing the tablet hit the water and fizz. The product, sweetened with cyclamate, died when the chemical was banned in 1969. "When the trademark became available," Wehling says, "I jumped on it immediately...